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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20821 |
来源ID | Working Paper 20821 |
Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income | |
Era Dabla-Norris; Yan Ji; Robert M. Townsend; D. Filiz Unsal | |
发表日期 | 2015-01-12 |
出版年 | 2015 |
语种 | 英语 |
摘要 | A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion policies in an economy depends not only on which constraint is alleviated, but also on the tightness of other constraints. Policy instruments should target the most binding constraint, which likely varies across countries. Moreover, there are important tradeoffs between financial inclusion, GDP, and the distribution of income. The transitional dynamics also differ from those in steady states. Policy makers should consider both. |
主题 | Econometrics ; Estimation Methods ; Macroeconomics ; Consumption and Investment ; Money and Interest Rates ; Fiscal Policy ; Development and Growth ; Development ; Country Studies |
URL | https://www.nber.org/papers/w20821 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578496 |
推荐引用方式 GB/T 7714 | Era Dabla-Norris,Yan Ji,Robert M. Townsend,et al. Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income. 2015. |
条目包含的文件 | 条目无相关文件。 |
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