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The Political Economy of Capital Controls

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Listed:
  • Alberto Alesina
  • Vittorio Grilli
  • Gian Maria Milesi-Ferrett

Abstract

This paper calculates international income transfers which implement a Pareto optimal trade equilibrium in a world where many countries trade many goods.

Suggested Citation

  • Alberto Alesina & Vittorio Grilli & Gian Maria Milesi-Ferrett, 1993. "The Political Economy of Capital Controls," NBER Working Papers 4353, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:4353
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    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

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