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We introduce endogenous time preference via investment in patience (farsightedness) in an overlapping generations growth model to study development traps. There

What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implicat

Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in theoretical and empirical work while offering new perspectives on a range of g

"Problems and solutions by Cecilia Garcâia-Peänalosa in collaboration with Jan Boone, Chol-Won Li, and Lucy White." Includes bibliographical references (p. [6