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Can liquidity constraints explain the differences of growth across countries?

Chia sẻ: Cothumenhmong4 Cothumenhmong4 | Ngày: | Loại File: PDF | Số trang:12

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Can liquidity constraints explain the differences of growth across countries?

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This paper conducts an empirical research on the relations between liquidity constraints and economic growth. Based on Kiyotaki & Moore (2019), we establish our econometric model and do regressions with a panel data covering 33 countries from 1996 to 2017.

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