Browsing Faculty of Arts and Sciences by Keyword "capital mobility"
Now showing items 1-1 of 1
-
Trade and Capital Flows: A Financial Frictions Perspective
(National Bureau of Economic Research, 2007)The classical Heckscher-Ohlin-Mundell paradigm states that trade and capital mobility are substitutes, in the sense that trade integration reduces the incentives for capital to flow to capital-scarce countries. In this ...