Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.jet.2009.01.001
DC FieldValue
dc.titleEndogenous inequality and fluctuations in a two-country model
dc.contributor.authorKikuchi, T.
dc.contributor.authorStachurski, J.
dc.date.accessioned2011-02-24T06:55:11Z
dc.date.available2011-02-24T06:55:11Z
dc.date.issued2009
dc.identifier.citationKikuchi, T., Stachurski, J. (2009). Endogenous inequality and fluctuations in a two-country model. Journal of Economic Theory 144 (4) : 1560-1571. ScholarBank@NUS Repository. https://doi.org/10.1016/j.jet.2009.01.001
dc.identifier.issn00220531
dc.identifier.issn10957235
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/19979
dc.description.abstractWe study a two-country version of Matsuyama's [K. Matsuyama, Financial market globalization, symmetry-breaking, and endogenous inequality of nations, Econometrica 72 (2004) 853-884] world economy model. As in Matsuyama's model, symmetry-breaking can be observed, and symmetry-breaking generates endogenously determined levels of inequality. In addition, we show that when the countries differ in population size, their interaction through credit markets may lead to persistent endogenous fluctuations.©2009 Elsevier Inc. All rights reserved.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1016/j.jet.2009.01.001
dc.sourceScopus
dc.subjectCredit market imperfection
dc.subjectEndogenous cycles
dc.subjectSymmetry-breaking
dc.subjectTwo-country model
dc.typeArticle
dc.contributor.departmentECONOMICS
dc.description.doi10.1016/j.jet.2009.01.001
dc.description.sourcetitleJournal of Economic Theory
dc.description.volume144
dc.description.issue4
dc.description.page1560-1571
dc.description.codenJECTA
dc.identifier.isiut000268461600008
Appears in Collections:Staff Publications

Show simple item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

10
checked on Nov 25, 2020

WEB OF SCIENCETM
Citations

11
checked on Nov 25, 2020

Page view(s)

224
checked on Nov 25, 2020

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.