International Capital Flows and Development : Financial Openness Matters /

Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of capital account openness, the prediction of the neoclas...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ricci, Luca
مؤلفون آخرون: Reinhardt, Dennis B. S., Tressel, Thierry
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/235
الوصول للمادة أونلاين:Full text available on IMF