کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5084171 1477832 2009 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Skill acquisition, credit constraints, and trade
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Skill acquisition, credit constraints, and trade
چکیده انگلیسی
In this paper we develop a general equilibrium model where credit constraints limit the ability of agents with heterogeneous abilities and wealth to acquire skills. We identify a new effect, the induced Rybczynski effect, that works in the opposite direction from the normal supply response and may result in relative supply being downward-sloping. We analyze the effects of trade and show that under some conditions trade may reduce welfare. Finally, we study the effects of trade on income distribution and inequality.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Economics & Finance - Volume 18, Issue 2, March 2009, Pages 227-238
نویسندگان
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