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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Wei, Shang-Jin
अन्य लेखक: Ju, Jiandong
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2006.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2006/178
ऑनलाइन पहुंच:Full text available on IMF