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...
Prif Awdur: | |
---|---|
Awduron Eraill: | |
Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Cyfres: | IMF Working Papers; Working Paper ;
No. 2006/178 |
Mynediad Ar-lein: | Full text available on IMF |