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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Gourinchas, Pierre-Olivier
Beste egile batzuk: Jeanne, Olivier
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2004.
Saila:IMF Working Papers; Working Paper ; No. 2004/074
Sarrera elektronikoa:Full text available on IMF