A Solution to Two Paradoxes of International Capital Flows /

International capital flows from rich to poor countries can be regarded as either too low (the Lucas paradox in a one-sector model) or too high (when compared with the logic of factor price equalization in a two-sector model). To resolve the paradoxes, we introduce a non-neoclassical model which fea...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Wei, Shang-Jin
مؤلفون آخرون: Ju, Jiandong
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/178
الوصول للمادة أونلاين:Full text available on IMF