Collateral and Development

Nicola Amendola, Lorenzo Carbonari and Leo Ferraris ()
Additional contact information
Leo Ferraris: CEIS & DEF, University of Rome "Tor Vergata", http://www.ceistorvergata.it

No 424, CEIS Research Paper from Tor Vergata University, CEIS

Abstract: This paper presents a model economy with endogenous credit constraints and endogenous growth, in which agents face a trade-off between investing resources to improve the pledgeability of collateral assets and the accumulation of human capital. The model generates both growth miracles and stagnant economies.

Keywords: Credit; Collateral; Human Capital; Growth. (search for similar items in EconPapers)
JEL-codes: G0 O1 O40 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2018-02-20, Revised 2018-02-20
New Economics Papers: this item is included in nep-fdg and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ceistorvergata.it/RePEc/rpaper/RP424.pdf Main text (application/pdf)

Related works:
Journal Article: Collateral and development (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rtv:ceisrp:424

Ordering information: This working paper can be ordered from
CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma
https://ceistorvergata.it

Access Statistics for this paper

More papers in CEIS Research Paper from Tor Vergata University, CEIS CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma. Contact information at EDIRC.
Bibliographic data for series maintained by Barbara Piazzi ().