Growth and Capital Flows with Risky Entrepreneurship
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KeywordsWP; open economy; interest rate; Investment Risk; Saving; Capital Flows; Financial Development; Growth; risk sharing; depreciation rate; failure risk; market-clearing wage; idiosyncratic risk; saving rate; economy dynamics; production function; financial market imperfection; Self-employment; Capital outflows; Income; Financial sector development; Wages; Eastern Europe;
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