Serial Default and the "Paradox" of Rich to Poor Capital Flows
收藏NBER2004-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10296
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资源简介：
Lucas (1990) argued that it was a paradox that more capital does not flow from rich countries to poor countries. He rejected the standard explanation of expropriation risk and argued that paucity of capital flows to poor countries must instead be rooted in externalities in human capital formation
提供机构：
美国国家经济研究局
创建时间：
2004-02-01
