全球智库信息集成服务系统(G2TT): Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income

G2TT

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.