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Introduction: macroeconomic implications of capital flows in a global economy

✍ Scribed by Ravi Bansal; Lawrence Christiano; Enrique G. Mendoza


Book ID
113707604
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
133 KB
Volume
119
Category
Article
ISSN
0022-0531

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## Abstract In this paper we take a comparative look at the patterns of capital flows from rich to poor countries in two eras of financial globalization. The paper extends recent research on the developmental effects of international financial integration, long‐term trends in capital mobility and β€˜