Listar por autor "Erosa, Andrés"
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Financial Frictions, Occupational Choice and Economic Inequality
Allub, Lian; Erosa, Andrés (CAF; Caracas, 2012-12-10)We develop a quantitative theory of entrepreneurship, income inequality, and financial frictions disciplined with household data from Brazil. The theory extends Lucas (1978) by modeling heterogeneity in two skills: -working ...