Informal credit markets, deregulation and private investment.

Author(s)
Gupta, K.L. & Lensink, R.
Year
Abstract

The aim of this paper is to provide a critical examination of the different views by developing a simple Tobin-style portfolio model for a repressed closed economy. The authors will show that the different insights are special cases of their more general model.

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Publication

Library number
940336 ST [electronic version only]
Source

Groningen, University of Groningen RUG, Faculty of Economics, Institute of Economic Research, 1993, 16 p., 17 ref.; Research Memorandum ; No. 559

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