Welfare Gains from Financial Liberalization /
Financial liberalization has been a controversial issue as there is little empirical evidence for its positive effects on economic growth. However, we find sizable welfare gains, 1 to 28 percent of permanent consumption though, consistent with the literature, the gain in the economic growth is ambig...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2007.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2007/154 |
| On-line přístup: | Full text available on IMF |