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...
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| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
1999.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 1999/024 |
| גישה מקוונת: | Full text available on IMF |