A Solution to Two Paradoxes of International Capital Flow /
International capital flows from rich to poor countries can be regarded as either too low (the Lucas paradox in a one-sector model) or too high (when compared with the logic of factor price equalization in a two-sector model). To resolve the paradoxes, we introduce a non-neoclassical model which fea...
Clasificación: | Libro Electrónico |
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Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2006.
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Colección: | IMF Working Papers ;
Working Paper no. 06/178. |
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Acceso en línea: | Texto completo |