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Poverty Traps and Financial Development in a Model of Finance and Growth

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Arnold, L. Poverty Traps and Financial Development in a Model of Finance and Growth. Journal of Contextual Economics – Schmollers Jahrbuch, 118(3), 415-424. https://doi.org/10.3790/schm.118.3.415
Arnold, Lutz "Poverty Traps and Financial Development in a Model of Finance and Growth" Journal of Contextual Economics – Schmollers Jahrbuch 118.3, 1998, 415-424. https://doi.org/10.3790/schm.118.3.415
Arnold, Lutz (1998): Poverty Traps and Financial Development in a Model of Finance and Growth, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 118, iss. 3, 415-424, [online] https://doi.org/10.3790/schm.118.3.415

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Poverty Traps and Financial Development in a Model of Finance and Growth

Arnold, Lutz

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 118 (1998), Iss. 3 : pp. 415–424

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Article Details

Arnold, Lutz

Abstract

A stylized model of finance and growth is developed in which the occurrence of poverty traps and financial development is explicitly derived from a consideration of transitional dynamics.