The Macroeconomic Effects of Capital Controls and the Stabilization of the Balance of Trade /

A dynamic stochastic equilibrium model of a small open economy is used to quantify the macroeconomic effects of introducing capital controls to stabilize the balance of trade. This model focuses on the role of international trade and foreign debt as instruments that help smooth consumption in respon...

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Detalles Bibliográficos
Autor Principal: Mendoza, Enrique
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1990.
Series:IMF Working Papers; Working Paper ; No. 1990/109
Acceso en liña:Full text available on IMF