International factor mobility , informal interest rate and capital market imperfection : A general equilibrium analysis ☆

@inproceedings{Chaudhuri2015InternationalFM,
  title={International factor mobility , informal interest rate and capital market imperfection : A general equilibrium analysis ☆},
  author={Sarbajit Chaudhuri and Manash Ranjan Gupta},
  year={2015}
}
a r t i c l e i n f o JEL classification: D42 F21 F22 O17 Keywords: Informal credit Formal credit Moneylender Foreign capital Emigration General equilibrium This paper makes an attempt to provide a theory of determination of interest rate in the informal credit market in a less developed economy in terms of a three-sector static deterministic general… CONTINUE READING