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This is the supplemental material to the paper titled "Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and The Distribution of Income." It includes additional theoretical and quantitative results. It also includes illustration for the numerical algorithm for our...
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development — three low-income countries (Uganda, Kenya, Mozambique), and three emerging market countries (Malaysia, the …
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'. In this paper, we take stock of the social table literature covering the cases of Botswana, Ghana, Ivory Coast, Kenya …, Senegal, and Uganda, 1910s to 1960s. Our contribution is twofold. First, we investigate commensurability and pursue …
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We develop a micro-founded general equilibrium model with heterogeneous agents and three dimensions of financial inclusion: access (determined by a participation cost), depth (determined by a borrowing constraint), and intermediation efficiency (determined by a monitoring cost). We find that the...
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