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"I discuss the role of economic theory in empirical work in development economics with special emphasis on general … equilibrium and political economy considerations. I argue that economic theory plays (should play) a central role in formulating …
Persistent link: https://www.econbiz.de/10003960385
Persistent link: https://www.econbiz.de/10003966342
We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, and models of entry, exit and...
Persistent link: https://www.econbiz.de/10009573286
Persistent link: https://www.econbiz.de/10009562140
Persistent link: https://www.econbiz.de/10008906223
Persistent link: https://www.econbiz.de/10010205136
I discuss the role of economic theory in empirical work in development economics with special emphasis on general … equilibrium and political economy considerations. I argue that economic theory plays (should play) a central role in formulating …
Persistent link: https://www.econbiz.de/10012462707
We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, and models of entry, exit and...
Persistent link: https://www.econbiz.de/10012460482
I discuss the role of economic theory in empirical work in development economics with special emphasis on general … equilibrium and political economy considerations. I argue that economic theory plays (should play) a central role in formulating …
Persistent link: https://www.econbiz.de/10014195902
We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, and models of entry, exit and...
Persistent link: https://www.econbiz.de/10013104728