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  • Chakraborty, Shankha; Ray, Tridip (University of Oregon, Dept. of Economics, 2003-01-01)
    We introduce monitored bank loans and non-monitored tradeable securities as sources of external finance for firms in a dynamic general equilibrium model. Due to frictions arising from moral hazard, access to credit and ...
  • Chakraborty, Shankha; Das, Mausumi (University of Oregon, Dept. of Economics, 2003-12)
    We discuss how child labor problems may persist in developing countries when adult mortality risks are endogenous. Children provide current consumption through child labor and future consumption via an informal social ...
  • Chakraborty, Shankha; Das, Mausumi (University of Oregon, Dept. of Economics, 2003-03-20)
    Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. We introduce ...
  • Bhattacharya, Joydeep; Chakraborty, Shankha (University of Oregon, Dept. of Economics, 2003-02-14)
    Numerous researchers have incorporated labor or credit market frictions within simple neoclassical models to (i) facilitate quick departures from the Arrow-Debreu world, thereby opening up the role for institutions, (ii) ...

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