Real and financial sector linkages in China and India / prepared by Jahangir Aziz.

In the spirit of what is known as business cycle accounting, this paper finds that the investment wedge-the gap between household's rate of intertemporal substitution and the marginal product of capital-is large and quantitatively significant in explaining China's and India's growth....

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Bibliographic Details
Main Author: Aziz, Jahangir (Author)
Format: eBook
Language:English
Published: [Washington, D.C.?] : International Monetary Fund, ©2008.
Series:IMF working paper ; WP/08/95.
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