Dealing with the Trilemma: Optimal Capital Controls with Fixed Exchange Rates
收藏NBER2012-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18199
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资源简介：
We lay down a standard macroeconomic model of a small open economy with a fixed exchange rate and study optimal capital controls (defined as maximizing the utility of a representative household). We provide sharp analytical and numerical characterizations for a variety of shocks. We find that
提供机构：
美国国家经济研究局
创建时间：
2012-06-01
