Short-run pain, long-run gain: the conditional welfare gains from international financial integration

DOI10.1007/s00199-016-1019-7zbMath1400.91323OpenAlexW2207711535MaRDI QIDQ1707311

Raouf Boucekkine, Giorgio Fabbri, Patrick A. Pintus

Publication date: 29 March 2018

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://halshs.archives-ouvertes.fr/halshs-00790569/file/WP%202012%20-%20Nr%2002.pdf

zbMATH Keywords

endogenous growthgrowth breakscollateral-constrained borrowinginternational financial integrationwelfare gains

Mathematics Subject Classification ID

Economic growth models (91B62) Welfare economics (91B15)

Related Items (7)

A pedagogical note on risk sharing versus instability in international financial integration: when Obstfeld meets Stiglitz ⋮ Spatial dynamics for a generalized Solow growth model ⋮ The dynamics of a spatial economic model with bounded population growth ⋮ International borrowing without commitment and informational lags: choice under uncertainty ⋮ Generically distributed investments on flexible projects and endogenous growth ⋮ Growth and financial liberalization under capital collateral constraints: the striking case of the stochastic AK model with CARA preferences ⋮ Capital accumulation and the welfare gains from trade

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