The purpose of this paper is to study the issue of macroeconomic control in China. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the transforming Chinese economy.

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.

This paper presents a two-country, two-good, two-currency overlapping generatioons models that features limited participation and costly state verification inthe credit market.

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.

This paper presents a two-country, two-good, two-currency overlapping generatioons models that features limited participation and costly state verification inthe credit market.

In Nash equilibrium, agents are autarchic in their optimization protocol, whereas in Kantian equilibrium, they optimize in an interdependent way. Typically, researchers into the evolution of homo economicus treat preferences as being determined by selective adaptation, but hold fixed the...

While Murphy, Zhang & Dionne (2012) report a slight decrease in the average duration of poverty spells in Canada over the past decade, little is understood about the factors associated with poverty duration in Canada, nor which factors, if any, may affect women and men differently. Moreover,...

We compare the returns to education between graduates of post secondary institutions who delayed their tertiary education for some time and those that proceeded with no delays. Using a unique survey that collects information on a representative cohort of graduates, we are able to estimate the...