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Deutschland ist angeblich Exportweltmeister und Schlußlicht beim europäischen Wachstum. Das Land kämpft mit einer wachsenden Massenarbeitslosigkeit und beobachtet fassungslos die fortschreitende Verlagerung industrieller Arbeitsplätze in Niedriglohnländer. Die Angst der Bevölkerung...
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Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of capital account openness, the prediction of the...
Persistent link: https://www.econbiz.de/10010316783
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Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of capital account openness, the prediction of the...
Persistent link: https://www.econbiz.de/10009569603
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