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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Epaulard, Anne
Övriga upphovsmän: Pommeret, Aude
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2005.
Serie:IMF Working Papers; Working Paper ; No. 2005/067
Länkar:Full text available on IMF