The Micro and Macro Dynamics of Capital Flows
收藏NBER2020-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27371
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资源简介：
We study empirically and theoretically the effects of international financial flows on resource allocation. Using the universe of firms in Hungary, we show that removing capital controls lowers firms cost of capital and increases household consumption, with the latter playing a dominant role. The
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美国国家经济研究局创建时间：
2020-06-01
