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Terms of Trade Disturbances, Real Exchange Rates and Welfare: The Role of Capital Controls and Labor Market Distortions

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NBER1989-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2907
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Many arguments that have been advanced in favor of maintaining capital control within the EEC have not paid sufficient attention to the welfare consequences of this type of market intervention. Our paper provides a simple, optimizing framework in which the welfare consequences of capital controls
提供机构:
美国国家经济研究局
创建时间:
1989-03-01
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