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FINANCIAL POLICY
ECONOMIC GROWTH
3
BUSINESS CYCLES
2
ECONOMIC POLICY
2
ECONOMIC REFORM
2
FINANCIAL MARKET
2
GOVERNMENT SPENDING POLICY
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business cycles
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exchange rate
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risk
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Ho, W.M.
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Department of Economics, University of Waterloo
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Government Spending, Credit Market Imperfections, and Economic Growth.
Ho, W.M.
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Department of Economics, University of Waterloo
-
1996
This paper presents an endogenous growth model in which there is an explicit treatment of the informational asymmetries giving rise to finance constraints in the credit market.
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