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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gourinchas, Pierre-Olivier
مؤلفون آخرون: Jeanne, Olivier
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2004.
سلاسل:IMF Working Papers; Working Paper ; No. 2004/074
الوصول للمادة أونلاين:Full text available on IMF