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...

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Xehetasun bibliografikoak
Egile nagusia: Wei, Shang-Jin
Beste egile batzuk: Ju, Jiandong
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2006.
Saila:IMF Working Papers; Working Paper ; No. 2006/178
Sarrera elektronikoa:Full text available on IMF