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Investment efficiency and the distribution of wealth (English)

Abstract

The point of departure of this paper is that in the absence of effectively functioning asset markets the distribution of wealth matters for efficiency. Inefficient asset markets depress total factor productivity (TFP) in two ways: first, by not allowing...  See More +

Details

  • Banerjee, Abhijit V.;
  • 2009/01/01
  • Working Paper (Numbered Series);
  • 57752
  • 1
  • 1
  • World
  • The World Region
  • 2010/12/07
  • Disclosed
  • Investment efficiency and the distribution of wealth
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