Article ID Journal Published Year Pages File Type
962605 Journal of International Economics 2012 14 Pages PDF
Abstract
► We study the role of capital controls in a model of the international macroeconomy. ► We study heterogeneity in capital liberalization experiences as cause of imbalances. ► Such heterogeneities affect the relative importance of precautionary savings motives. ► We provide evidence for countries' asymmetric liberalization experiences.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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