The Political Economy of Capital Controls

Alberto Alesina, Vittorio Grilli & Gian Maria Milesi-Ferretti
Working Paper 4353
DOI 10.3386/w4353
Issue Date

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

Published Versions

Published as "The Political Economy of Fiscal Adjustments", BP, Vol. 28,no. 1 (1998): 197-248.

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Programs

International Finance and Macroeconomics

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