Capital Controls and the Timing of Exchange Regime Collapse
收藏NBER1987-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2250
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资源简介：
This paper investigates the nature of balance of payments crises in regimes with capital controls. It extends earlier work on capital controls by assuming that households manage their consumption and asset portfolios to maximize intertemporal utility. Our main result is that capital controls are
提供机构：
美国国家经济研究局
创建时间：
1987-05-01
