The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Private information, money, and growth: Indeterminacy, fluctuations, and the Mundell-Tobin effect
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Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
For economies with macroeconomic instability, persistently high inflation constricts incentive constraints leading to higher credit rationing by increasing the tax on all financial assets including bank deposits.
“For economies with macroeconomic instability, the persistently high inflation constricts incentive constraints leading to higher credit rationing by increasing the tax on all financial assets including bank deposits.”
From The role of inflation in financial development–economic growth link in sub-Saharan Africa (2022) · cites this paper as Azariadis and Smith (1996)
High rates of inflation lower yields on assets and investment, which significantly damages capital accumulation and economic growth.
“In this case, high rates of inflation lower yields on assets and investment, which significantly damages capital accumulation and EG.”
From The role of inflation in financial development–economic growth link in sub-Saharan Africa (2022) · cites this paper as Azariadis and Smith (1996)
Citations
Cites
Credit Rationing in Markets with Imperfect Information
Stiglitz, J. E., & Weiss, A. (1981) · Columbia University · doi:10.7916/d8v12ft1 · Cited by 12,769
Flagged first, then by citations
Research works printed but not linked: 38
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- Friedman, M. (1960). A Program for Monetary Stability. New York: Fordman University Press.
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Cited by
Sorted by citations
The role of inflation in financial development–economic growth link in sub-Saharan Africa
Ibrahim, M., Aluko, O. A., & Vo, X. V. (2022) · Cogent Economics & Finance · doi:10.1080/23322039.2022.2093430 · Cited by 32
“Azariadis and Smith (1996) theoretically advanced a model which has different financial market friction.”
Background
Metadata
- Authors
- Azariadis, C., & Smith, B. D.
- Affiliations
- University of California, Los Angeles (US)
- Federal Reserve Bank of Minneapolis (US)
- Venue
- Journal of Economic Growth
- Published
- 1996-09
- Volume
- 1
- Issue
- 3
- Pages
- 309-332
- ISSN
- 1381-4338 (ISSN-L)
- 1573-7020
- OpenAlex
- W2069301618
- Cited by
- 169
- References
- 1
- Citations by year
- 2026: 3 · 2025: 4 · 2024: 6 · 2023: 7 · 2022: 9 · 2021: 6 · 2020: 9 · 2019: 5 · 2018: 5 · 2017: 8 · 2016: 3 · 2015: 5 · 2014: 9 · 2013: 3 · 2012: 10
- FWCI
- 11.42
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- www.springer.com/tdm (tdm)
- Locations
- Journal of Economic Growth (publishedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic theories and models
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Keywords
- information asymmetry, money growth, monetary growth model, equilibrium indeterminacy, endogenous fluctuations, credit rationing, inflation, steady-state output, monetary policy
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