Capital Controls and Trade Liberalization in a Monetary Economy /

This paper reexamines Aizenman's (1985) results on the effects of capital controls during unanticipated trade liberalization using an intertemporal optimizing monetary model. Unlike in Aizenman's model, which is based on the currency substitution model, foreign money is an interest-bearing...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Jang, B.
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1999.
سلاسل:IMF Working Papers; Working Paper ; No. 1999/024
الوصول للمادة أونلاين:Full text available on IMF