Working Papers 2003
      Research  arrow  Working Papers  arrow  2003
 

RESEARCH PAPER NO. 888

A PEDAGOGICAL TOOL FOR ILLUSTRATING THE REAL IMPACT OF THE FINANCIAL SECTOR

BY

YUAN K. CHOU

NOVEMBER 2003

Department of Economics. University of Melbourne. Melbourne Victoria 3010 Australia

We devise a simple way of incorporating the financial sector into a growth model that is useful pedagogically. Financial innovation raises the efficiency of financial intermediation, which facilitates capital accumulation. The model may be extended to include real R&D as a symbiotic source of endogenous growth.

This mail form will be sent automatically to Department of Economics Administrative Staff and your request will be processed. Please fill in your Details below and Click On "Send Request" button when you are finished. Papers will be sent by post.

Please enter paper No :

Please enter paper title :

Please enter your name :

Please enter you postal address :

Please enter your e-mail address :