Financial Inclusion in Papua New Guinea slide image

Financial Inclusion in Papua New Guinea

Intratemporal Trade: allocation of HH resources • Work outside home, earn a wage w, the the household can convert labor into good j at the rate w/p (j) = 1/ae given that p (j) = 1 for all j. goods j where 1/a' (j) > 1/ae (j) produced at home goods j where 1/a' (j) < 1/ae (j) self labor services for the good outside the home. ▸ Simple case: cut-off good, j* is defined by 1 ai (j) = 1 ae W 590 Davies & Nettuno Financial Inclusion in Papua New Guinea August 4, 2022 13/36
View entire presentation