Government Spending, Credit Market Imperfections, and Economic Growth

Wai-Ming Ho

Working Papers from University of Waterloo, Department of Economics

Abstract: 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.

Keywords: GOVERNMENT SPENDING POLICY; FINANCIAL POLICY; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: E32 G10 O40 (search for similar items in EconPapers)
Pages: 36 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:wat:wpaper:9612

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