Capital Account Liberalization: Theory, Evidence, and Speculation
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Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effects of liberalization on real variables. In contrast to the prevailing wisdom, I argue that the textbook theory of liberalization holds up quite well to a critical reading of this literature. The lion
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美国国家经济研究局创建时间：
2006-11-01
