G10,O15,E44 1. Email: aiebnia@u.ac.ir 2. Email: bbszareei@yahoo.com 3. Email: hamidyari@u.ac.ir
1. Growh Manship 2. Income Disribuion 3. ProGrowh
U U U CK K= C MAX { E[ U ( C )]} = 0 (0,1) γ ε ( ε, ε ) θ ( θ, θ ) θ ε ) ( E( ε ) = 0 1. MENA (Middle Easand Norh Africa) 3. Greenwood and Jovanovich 4. Banerjee & Newman 5. Galor & Zeira
θ γ [ ] 1 K = 1 φ ( θ ε ) (1 φ ) γ γ (θ ) 1 K 1 i γ ( θ ) = 2. Overlapping 3. Townsend
θ ε W(K) V(K) εθ G(ε)F(θ) W K [ ) max i u( K i ) B max W ( K ), ( 1) ] ( 1 V K 1 df θ 1) dg( ε S. T : K 1 = I [ φ ( θ ε ) (1 φ ) γ ] = ) ( 1 u( K ) B max[ v( K 1) ] df ( V ( K ) = max i θ 1) S. T : K 1 = i γ ( θ ) wv k v(k)>w(k) U
1. Aghion and Bolon 3. Moral Hazard 4. Personal projecs
1. Income Redisribuion
(McKinnon, 1973) Peerson and Rajan, 1995 Rajan and Zingales, 2003 Liang, 2006 U wu ws yws> wu b=ycb c 1. Galor and Zheira 2. Undividable Invesmen
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X T b(x) ( 1 α ) ( )( 1 ) ( 1 α ) ( )( 1 ) ( 1 α ) ( )( 1 ) X Wu r w if X < f b ( X ) = X h i ws if f X h X h r ws if X h 1. lee.e al 2. Townsend and Ueda
GMM 1. modelbased quanaive research 2. ransional pahs 3. Beck.e al 4. LIANG 5. Generalized Mehod Of Momens 6. clarke.e al
U Barro, 2000 1. Bencour 2. Ang, J.(2010)
m i V y y GI i i i,..., 3,4 3 2 2 1 = = = α GI y V i U U U U Trend LPGDPsq LPGDP C LGI = 3 2 1 ) ( U Trend LFD LHC LOPEN LPGDPsq LPGDP C LGI = 6 5 4 3 2 1 ) ( U Trend LIQ LHC LOPEN LPGDPsq LPGDP C LGI = 6 5 4 3 2 1 ) ( GI LPGDP LPGDPsq OPEN HC Trend FD Z F U IQ
U C LPGDP LPGDPsq Trend LOPEN LHC LFD LIQ F es DW R 2 U U U
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