Credit Constraints And Taxes: Misallocation In A Two-Sector Economy
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Robert M. Townsend & Kenichi Ueda, 2006. "Financial Deepening, Inequality, and Growth: A Model-Based Quantitative Evaluation -super-1," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(1), pages 251-293.
- Diego Restuccia & Richard Rogerson, 2008.
"Policy Distortions and Aggregate Productivity with Heterogeneous Plants,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 707-720, October.
- Richard Rogerson & Diego Restuccia, 2004. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," 2004 Meeting Papers 69, Society for Economic Dynamics.
- Diego Restuccia & Richard Rogerson, 2007. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," Working Papers tecipa-283, University of Toronto, Department of Economics.
- Diego Restuccia & Richard Rogerson, 2007. "Policy Distortions and Aggregate Productivity with Heterogeneous Plants," NBER Working Papers 13018, National Bureau of Economic Research, Inc.
- Hyeok Jeong & Robert Townsend, 2007.
"Sources of TFP growth: occupational choice and financial deepening,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
- Hyeok Jeong & Robert M. Townsend, 2005. "Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.28, Institute of Economic Policy Research (IEPR), revised May 2005.
- Robert M. Townsend & Hyeok Jeong, 2007. "Sources of TFP Growth: Occupational Choice and Financial Deepening," 2007 Meeting Papers 198, Society for Economic Dynamics.
- Maddison, Angus, 1987. "Growth and Slowdown in Advanced Capitalist Economies: Techniques of Quantitative Assessment," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 649-698, June.
- Robert M. Townsend & Mr. Kenichi Ueda, 2003. "Financial Deepening, Inequality, and Growth: A Model-Based Quantitative Evaluation," IMF Working Papers 2003/193, International Monetary Fund.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Julia Passabom Araujo, 2016. "Credit constraints and taxes: misallocation in a two-sector economy," Working Papers, Department of Economics 2016_19, University of São Paulo (FEA-USP).
- Alvaro Aguirre, 2017.
"Contracting Institutions and Economic Growth,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 24, pages 192-217, March.
- Álvaro Aguirre, 2011. "Contracting Institutions and Economic Growth," Working Papers Central Bank of Chile 643, Central Bank of Chile.
- Asli Demirgüç-Kunt & Ross Levine, 2009.
"Finance and Inequality: Theory and Evidence,"
Annual Review of Financial Economics, Annual Reviews, vol. 1(1), pages 287-318, November.
- Asli Demirguc-Kunt & Ross Levine, 2009. "Finance and Inequality: Theory and Evidence," NBER Working Papers 15275, National Bureau of Economic Research, Inc.
- Demirguc-Kunt, Asli & Levine, Ross, 2009. "Finance and inequality : theory and evidence," Policy Research Working Paper Series 4967, The World Bank.
- Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010.
"Financing Development: The Role of Information Costs,"
American Economic Review, American Economic Association, vol. 100(4), pages 1875-1891, September.
- Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2007. "Financing Development: The Role of Information Costs," Economie d'Avant Garde Research Reports 14, Economie d'Avant Garde.
- Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2010. "Financing development: the role of information costs," Working Papers 2010-024, Federal Reserve Bank of St. Louis.
- Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2007. "Financing Development: The Role of Information Costs," NBER Working Papers 13104, National Bureau of Economic Research, Inc.
- Jeremy Greenwood & Juan M. Sanchez & Cheng Wang, 2009. "Financing development : the role of information costs," Working Paper 08-08, Federal Reserve Bank of Richmond.
- Jeremy Greenwood, 2007. "Financing Development: The Role of Information Costs," 2007 Meeting Papers 171, Society for Economic Dynamics.
- Greenwood, Jeremy & Sanchez, Juan M & Wang, Cheng, 2007. "Financing Development: The Role of Information Costs," Staff General Research Papers Archive 12848, Iowa State University, Department of Economics.
- Dabla-Norris, Era & Ji, Yan & Townsend, Robert M. & Filiz Unsal, D., 2021.
"Distinguishing constraints on financial inclusion and their impact on GDP, TFP, and the distribution of income,"
Journal of Monetary Economics, Elsevier, vol. 117(C), pages 1-18.
- Era Dabla-Norris & Yan Ji & Robert M. Townsend & D. Filiz Unsal, 2015. "Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income," NBER Working Papers 20821, National Bureau of Economic Research, Inc.
- Kim, Dong-Hyeon & Lin, Shu-Chin, 2011. "Nonlinearity in the financial developmentâincome inequality nexus," Journal of Comparative Economics, Elsevier, vol. 39(3), pages 310-325, September.
- Francisco J. Buera & Yongseok Shin, 2013.
"Financial Frictions and the Persistence of History: A Quantitative Exploration,"
Journal of Political Economy, University of Chicago Press, vol. 121(2), pages 221-272.
- Yongseok Shin & Francisco Buera, 2007. "Financial Frictions and the Persistence of History: A Quantitative Exploration," 2007 Meeting Papers 300, Society for Economic Dynamics.
- Francisco J. Buera & Yongseok Shin, 2010. "Financial Frictions and the Persistence of History: A Quantitative Exploration," NBER Working Papers 16400, National Bureau of Economic Research, Inc.
- Simeon D. Alder, 2016.
"In the Wrong Hands: Complementarities, Resource Allocation, and TFP,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 8(1), pages 199-241, January.
- Simeon Alder, 2010. "In the Wrong Hands: Complementarities, Resource Allocation, and TFP," Working Papers 018, University of Notre Dame, Department of Economics, revised Nov 2012.
- Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2022.
"Quantifying Reduced‐Form Evidence on Collateral Constraints,"
Journal of Finance, American Finance Association, vol. 77(4), pages 2143-2181, August.
- Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2018. "Quantifying Reduced-Form Evidence on Collateral Constraints," SciencePo Working papers Main hal-03393129, HAL.
- Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2018. "Quantifying Reduced-Form Evidence on Collateral Constraints," Working Papers hal-03393129, HAL.
- Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2022. "Quantifying Reduced-Form Evidence on Collateral Constraints," Post-Print hal-03869851, HAL.
- Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2022. "Quantifying Reduced-Form Evidence on Collateral Constraints," SciencePo Working papers Main hal-03869851, HAL.
- Sylvain Catherine & Thomas Chaney & Zongbo Huang & David Sraer & David Thesmar, 2018. "Quantifying Reduced-Form Evidence on Collateral Constraints," SciencePo Working papers hal-03393129, HAL.
- Nolan Charles & Trew Alex, 2015.
"Transaction Costs and Institutions: Investments in Exchange,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 15(2), pages 391-432, July.
- Charles Nolan & Alex Trew, 2015. "Transaction Costs and Institutions: Investments in Exchange," Working Papers 2015_07, Business School - Economics, University of Glasgow.
- Nolan, Charles & Trew, Alex, 2015. "Transaction Costs and Institutions: Investments in Exchanger," SIRE Discussion Papers 2015-70, Scottish Institute for Research in Economics (SIRE).
- Donatella, Baiardi & Claudio, Morana, 2015.
"Financial deepening and income distribution inequality in the euro area,"
Working Papers
316, University of Milano-Bicocca, Department of Economics, revised 04 Dec 2015.
- Donatella Baiardi & Claudio Morana, 2015. "Financial deepening and income distribution inequality in the euro area," CeRP Working Papers 153, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Donatella Baiardi & Claudio Morana, 2015. "Financial Deepening And Income Distribution Inequality In The Euro Area," Working Paper series 15-44, Rimini Centre for Economic Analysis.
- Galina Vereshchagina, 2014. "Serial Entrepreneurship and the Impact of Credit Constraints of Economic Development," 2014 Meeting Papers 1173, Society for Economic Dynamics.
- Allub, Lian & Erosa, Andrés, 2019.
"Financial frictions, occupational choice and economic inequality,"
Journal of Monetary Economics, Elsevier, vol. 107(C), pages 63-76.
- Allub, Lian & Erosa, Andrés, 2012. "Financial Frictions, Occupational Choice and Economic Inequality," Research Department working papers 1024, CAF Development Bank Of Latinamerica.
- Allub, Lian, 2014. "Financial frictions, occupational choice and economic inequality," UC3M Working papers. Economics we1413, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Andres Erosa & Lian Allub, 2012. "Financial Frictions, Occupational Choice, and Economic Inequality," 2012 Meeting Papers 702, Society for Economic Dynamics.
- Shawn Cole & Xavier Giné & James Vickery, 2017.
"How Does Risk Management Influence Production Decisions? Evidence from a Field Experiment,"
The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 1935-1970.
- Cole,Shawn A. & Gine,Xavier & Vickery,James, 2013. "How does risk management influence production decisions? evidence from a field experiment," Policy Research Working Paper Series 6546, The World Bank.
- Shawn Cole & Xavier Gine & James Vickery, 2014. "How does risk management influence production decisions? evidence from a field experiment," Staff Reports 692, Federal Reserve Bank of New York.
- Xavier Gine & James Vickery & Shawn Cole, 2013. "How Does Risk Management Influence Production Decisions? Evidence From a Field Experiment," 2013 Meeting Papers 676, Society for Economic Dynamics.
- Kaiji Chen & Yi Wen, 2017.
"The Great Housing Boom of China,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 9(2), pages 73-114, April.
- Kaiji Chen & Yi Wen, 2014. "The great housing boom of China," Working Papers 2014-22, Federal Reserve Bank of St. Louis.
- Kaiji Chen & Yi Wen, 2015. "The great housing boom of China," FRB Atlanta CQER Working Paper 2015-3, Federal Reserve Bank of Atlanta.
- Rui Castro & Pavel Ševčík, 2024.
"Occupational choice, human capital and financial constraints,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(3), pages 674-703, August.
- Pavel Sevcik & Rui Castro, 2013. "Occupational Choice, Human Capital, and Financing Constraints," 2013 Meeting Papers 1321, Society for Economic Dynamics.
- Rui Castro & Pavel Sevcik, 2023. "Occupational Choice, Human Capital, and Financial Constraints," Working Papers 23-02, Chair in macroeconomics and forecasting, University of Quebec in Montreal's School of Management, revised Aug 2023.
- Rui Castro & Pavel Sevcik, 2016. "Occupational Choice, Human Capital, and Financial Constraints," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20162, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
- Scott Fulford, 2010. "The effects of financial development in the short and long run," Boston College Working Papers in Economics 741, Boston College Department of Economics, revised 31 May 2011.
- Eric W. Bond & James Tybout & Hale Utar, 2015.
"Credit Rationing, Risk Aversion, And Industrial Evolution In Developing Countries,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(3), pages 695-722, August.
- Eric Bond & James R. Tybout & Hâle Utar, 2008. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," NBER Working Papers 14116, National Bureau of Economic Research, Inc.
- James Tybout & Hale Utar & Eric Bond, 2009. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," 2009 Meeting Papers 351, Society for Economic Dynamics.
- Wu, Guiying Laura, 2018. "Capital misallocation in China: Financial frictions or policy distortions?," Journal of Development Economics, Elsevier, vol. 130(C), pages 203-223.
- Nolan Charles & Trew Alex, 2015.
"Transaction Costs and Institutions: Investments in Exchange,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 15(2), pages 391-432, July.
- Charles Nolan & Alex Trew, 2011. "Transaction Costs and Institutions: Investments in Exchange," CDMA Working Paper Series 201103, Centre for Dynamic Macroeconomic Analysis, revised 20 Mar 2015.
- Charles Nolan & Alex Trew, 2015. "Transaction Costs and Institutions: Investments in Exchange," Working Papers 2015_07, Business School - Economics, University of Glasgow.
- Nolan, Charles & Trew, Alex, 2015. "Transaction Costs and Institutions: Investments in Exchanger," SIRE Discussion Papers 2015-70, Scottish Institute for Research in Economics (SIRE).
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FDG-2018-05-07 (Financial Development and Growth)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anp:en2016:37. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rodrigo Zadra Armond (email available below). General contact details of provider: https://edirc.repec.org/data/anpecea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.