Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable
收藏NBER2010-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15718
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资源简介：
This paper provides a general framework for analyzing the optimal degree and form of financial integration. Full integration is not in general optimal: faced with a choice between two polar regimes, full integration or autarky, autarky may be superior. The intuition is simple: if underlying
提供机构：
美国国家经济研究局
创建时间：
2010-02-01
