Capital Markets Integration , Growth and Income Distribution: A Dynamic Analysis
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.
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|Date of creation:||1997|
|Contact details of provider:|| Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.|
Web page: http://econ.tau.ac.il/foerder/about
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