Sudden Stops, Sectoral Reallocations, and the Real Exchange Rate
收藏NBER2008-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14395
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资源简介：
A sudden stop of capital flows into a developing country tends to be followed by a rapid switch from trade deficits to surpluses, a depreciation of the real exchange rate, and decreases in output and total factor productivity. Substantial reallocation takes place from the nontraded sector to the
提供机构：
美国国家经济研究局
创建时间：
2008-10-01
