Capital Markets Integration, Growth and Income Distribution: A Dynamic Analysis

Jean-Marie Viaene and Itzhak Zilcha

Working Papers from Tel Aviv

Abstract: The paper considers a two-Country model of overlapping generations heterogenous economies with intergeneration transfers carried out in the form of bequest and investment in human capital. We examine in competitive equilibrium the transitory and long effects of capital markets integration.

Keywords: HUMAN RESOURCES; ALTRUISM; CAPITAL MARKET; ECONOMIC INTEGRATION (search for similar items in EconPapers)
JEL-codes: D90 E20 F20 J20 (search for similar items in EconPapers)
Pages: 30 pages
Date: 1997
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Working Paper: Capital Markets Integration, Growth and Income Distribution: A Dynamic Analysis (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:31-97

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