The Elusive Gains from International Financial Integration /

Standard theoretical arguments tell us that countries with relatively little capital benefit from financial integration as foreign capital flows in and speeds up the process of income convergence. We show in a calibrated neoclassical model that conventionally measured welfare gains from this type of...

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Bibliografiske detaljer
Hovedforfatter: Gourinchas, Pierre-Olivier
Andre forfattere: Jeanne, Olivier
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2004.
Serier:IMF Working Papers; Working Paper ; No. 2004/074
Online adgang:Full text available on IMF