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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...
Persistent link: https://www.econbiz.de/10012844703
A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...
Persistent link: https://www.econbiz.de/10012846881
A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...
Persistent link: https://www.econbiz.de/10013030631
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that biofuels investment enhances growth and poverty reduction despite some displacement of food crops by biofuels. Overall …, the biofuel investment trajectory analyzed increases Mozambique's annual economic growth by 0.6 percentage points and …
Persistent link: https://www.econbiz.de/10012896416
This paper examines the recent decentralization of governance in Indonesia and its impact on local infrastructure provision. The decentralization of decision-making power to local jurisdictions in Indonesia may have improved the matching of public infrastructures provision with local...
Persistent link: https://www.econbiz.de/10013031724