Aghion Philippe

Volatility and growth / Philippe Aghion and Abhijit Banerjee. - Oxford : Oxford University Press, 2005. - viii, 148 p. : ill. ; 22 cm. - Clarendon lectures in economics .

Includes bibliographical references and index.

Modeling credit markets -- Volatility and growth: AK versus Schumpeterian approach -- Financial development and the effects of volatility on growth -- Endogeneizing volatility: pecuniary externalities and the credit channel -- Endogenous volatility in an open economy -- The third generation approach to currency crises.

0199248613


Endogenous growth Economics--Mathematical models
Business cycles
Credit

HD75

338.5/42/015118