تصفح Finance & Economics حسب المؤلف "Ait Lahcen, Mohammed"
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A Model of Endogenous Financial Inclusion: Implications for Inequality and Monetary Policy
Ait Lahcen, Mohammed; Gomis-Porqueras, Pedro ( Wiley , 2021 , Article)We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on inequality and welfare. We find that consumption inequality results from differences in agents' decision ...