Financial Integration, Growth, and Volatility /

The aim of this paper is to evaluate the welfare gains from financial integration for developing and emerging market economies. To do so, we build a stochastic endogenous growth model for a small open economy that can (i) borrow from the rest of the world, (ii) invest in foreign assets, and (iii) re...

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Xehetasun bibliografikoak
Egile nagusia: Epaulard, Anne
Beste egile batzuk: Pommeret, Aude
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2005.
Saila:IMF Working Papers; Working Paper ; No. 2005/067
Sarrera elektronikoa:Full text available on IMF