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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Ricci, Luca
Beste egile batzuk: Reinhardt, Dennis B. S., Tressel, Thierry
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/235
Sarrera elektronikoa:Full text available on IMF