Barriers to Global Capital Allocation
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- Pellegrino, Bruno & Spolaore, Enrico & Wacziarg, Romain, 2024. "Barriers to global capital allocation," Working Papers 346, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Bruno Pellegrino & Enrico Spolaore & Romain Wacziarg, 2025. "Barriers to Global Capital Allocation," Working Papers 2025-05, FEDEA.
- Bruno Pellegrino & Enrico Spolaore & Romain Wacziarg, 2021. "Barriers to Global Capital Allocation," NBER Working Papers 28694, National Bureau of Economic Research, Inc.
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More about this item
Keywords
capital allocation; cultural distance; geography; information frictions; international finance; international investment; misallocation; open economy; rational inattention;All these keywords.
JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- F20 - International Economics - - International Factor Movements and International Business - - - General
- F30 - International Economics - - International Finance - - - General
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CWA-2021-05-24 (Central and Western Asia)
- NEP-DGE-2021-05-24 (Dynamic General Equilibrium)
- NEP-FDG-2021-05-24 (Financial Development and Growth)
- NEP-INT-2021-05-24 (International Trade)
- NEP-MAC-2021-05-24 (Macroeconomics)
- NEP-OPM-2021-05-24 (Open Economy Macroeconomics)
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