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- W1545007890 abstract "We study a monetary economy with two large open economies displaying net real and financial flows. If default on cross-border loans is possible, taxing financial flows can reduce its negative consequences. In doing so it can improve welfare unilaterally, in some cases in a Pareto sense, via altering the terms of trade and reducing the costs of such default." @default.
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- W1545007890 date "2019-01-01" @default.
- W1545007890 modified "2023-09-26" @default.
- W1545007890 title "Global Imbalances and Taxing Capital Flows" @default.
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- W1545007890 doi "https://doi.org/10.4337/9781788973656.00016" @default.
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