Lecture 4: Growth, TFP, Domestic and International Capital Flows

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Description: In this lecture, Prof. Robert Townsend explains growth, TFP, domestic and international capital flows with other frictions in financial intermediation.

Instructor: Prof. Robert M. Townsend

Video Index

  • Introduction to Greenwood, Sanchez, and Wang (2013)
  • Financial theory of firm size
  • Introduction to Martin and Taddai (2012)
  • Introduction to Moll, Townsend, and Zhorin (2013)
  • Preview of results for Moll, Townsend, and Zhorin
  • Conclusion

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