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