We study a monetary economy with two large open economies displaying net real and financial flows. If default on cross-border loans is possible, taxing financial flows can reduce its negative consequences. In doing so it can improve welfare unilaterally, in some cases in a Pareto sense, via altering the terms of trade and reducing the costs of such default
This version: September 7, 2017 (original version December 17, 2015)Cette version: 7 septembre 2017 ...
Global current account (“flow”) imbalances have narrowed significantly since their peak in 2006, and...
International capital flows from rich to poor countries can be regarded as either too low (the Lucas...
We study a monetary economy with two large open economies displaying net real and financial flows. I...
We study a monetary economy with two large open economies displaying net real and financial flows. I...
This paper provides a monetary perspective on capital flows and their effects on geographically unev...
This paper presents a stylised model in which either a savings glut or an exchange rate peg in emerg...
Financial capital and \u85xed capital tend to ow in opposite directions between poor and rich countr...
This paper examines the macroeconomic implications of capital controls that limit international fina...
This paper builds a two region world economy in which domestic and foreign capital are complements t...
The paper studies the effects of alternative financing policies in the open economy. There is a non-...
The classical Heckscher-Ohlin-Mundell paradigm states that trade and capital mobility are substitute...
his chapter provides an alternative approach to the traditional analysis of the problem of internati...
The classical Heckscher‐Ohlin‐Mundell paradigm states that trade and capital mobility are substitute...
We use a cross-country panel framework to analyze the effect of net official flows (chiefly foreign ...
This version: September 7, 2017 (original version December 17, 2015)Cette version: 7 septembre 2017 ...
Global current account (“flow”) imbalances have narrowed significantly since their peak in 2006, and...
International capital flows from rich to poor countries can be regarded as either too low (the Lucas...
We study a monetary economy with two large open economies displaying net real and financial flows. I...
We study a monetary economy with two large open economies displaying net real and financial flows. I...
This paper provides a monetary perspective on capital flows and their effects on geographically unev...
This paper presents a stylised model in which either a savings glut or an exchange rate peg in emerg...
Financial capital and \u85xed capital tend to ow in opposite directions between poor and rich countr...
This paper examines the macroeconomic implications of capital controls that limit international fina...
This paper builds a two region world economy in which domestic and foreign capital are complements t...
The paper studies the effects of alternative financing policies in the open economy. There is a non-...
The classical Heckscher-Ohlin-Mundell paradigm states that trade and capital mobility are substitute...
his chapter provides an alternative approach to the traditional analysis of the problem of internati...
The classical Heckscher‐Ohlin‐Mundell paradigm states that trade and capital mobility are substitute...
We use a cross-country panel framework to analyze the effect of net official flows (chiefly foreign ...
This version: September 7, 2017 (original version December 17, 2015)Cette version: 7 septembre 2017 ...
Global current account (“flow”) imbalances have narrowed significantly since their peak in 2006, and...
International capital flows from rich to poor countries can be regarded as either too low (the Lucas...