Capital Controls and the Real Exchange Rate
收藏数据链接:
官方服务:
资源简介:
Using an intertemporal, two-country general equilibrium model, I demonstrate that international asymmetries in expenditure patterns determine the real exchange rate effects of capital controls. Capital import taxes lower world interest rates, but raise home interest rates. These changes in interest
提供机构:
美国国家经济研究局创建时间:
1989-04-01



