Now showing items 1-2 of 2

    • Ghatak, Maitreesh; Jiang, Nien-Huei (Vanderbilt University, 2000)
      This paper analyzes a simple and tractable model of occupational choice in the presence of credit market imperfections. We examine the relative roles of parameters governing technology and transaction costs, and history ...
    • Jiang, Nien-Huei (Vanderbilt University, 2000)
      This paper explores a new aspect of the relationship between backwardness and growth, "information spillover". If solving problems is a source of economic growth, then knowing which problems have been solved is per se ...