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...
Κύριος συγγραφέας: | |
---|---|
Άλλοι συγγραφείς: | |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Σειρά: | IMF Working Papers; Working Paper ;
No. 2006/178 |
Διαθέσιμο Online: | Full text available on IMF |