The Aggregate and Distributional Effects of Financial Globalization : Evidence from Macro and Sectoral Data /

We take a fresh look at the aggregate and distributional effects of policies to liberalize international capital flows-financial globalization. Both country- and industry-level results suggest that such policies have led on average to limited output gains while contributing to significant increases...

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Autor principal: Furceri, Davide
Altres autors: Loungani, Prakash, Ostry, Jonathan
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2018.
Col·lecció:IMF Working Papers; Working Paper ; No. 2018/083
Accés en línia:Full text available on IMF