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Capital Flows, the Current Account, and the Real Exchange Rate: Consequences of Liberalization and Stabilization

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NBER1984-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1526
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This paper develops a dynamic framework in which macroeconomic liberalization and stabilization measures of the type recently seen in Latin America can be studied. The model is sufficiently general to cover both polar cases of a closed capital account and free private capital mobility, so the
提供机构:
美国国家经济研究局
创建时间:
1984-12-01
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