{"text_format":"2","workbook":"xls","n_sheets":1,"sheets":["report2"],"not_rendered":{"charts":0,"images":0,"macros":0,"external_links":1,"defined_names":1,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"run_cost":"one","rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900","formulas":"cached_only"}

{"sheet":"report2","index":0,"n_rows":48,"n_cols":5,"rows_kept":48,"cut":false,"hidden":false,"merged":[[0,2,0,3],[0,4,0,5],[1,2,1,3],[1,4,1,5],[2,2,2,3],[2,4,2,5],[3,2,3,3],[4,2,4,3],[13,2,13,3],[14,2,14,3],[15,2,15,3],[16,2,16,3],[42,2,42,3],[43,2,43,3],[46,2,46,3]],"flags":["formulas_cached_only"]}
[null,"1.","Record Nr.",null,"UNINA9910956118703321"]
[null,null,"Autore",null,"Wei Shang-Jin"]
[null,null,"Titolo",null,"A Solution to Two Paradoxes of International Capital Flows / / Shang-Jin Wei, Jiandong Ju"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2006"]
[null,null,"ISBN",null,"9786613824103"]
[{"$nulls":4},"9781462309443"]
[{"$nulls":4},"1462309445"]
[{"$nulls":4},"9781452742069"]
[{"$nulls":4},"1452742065"]
[{"$nulls":4},"9781283511650"]
[{"$nulls":4},"1283511657"]
[{"$nulls":4},"9781451987973"]
[{"$nulls":4},"1451987978"]
[null,null,"Edizione",null,"[1st ed.]"]
[null,null,"Descrizione fisica",null,"1 online resource (39 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Capital movements - Mathematical models"]
[{"$nulls":4},"International finance"]
[{"$nulls":4},"Balance of trade"]
[{"$nulls":4},"Capital flows"]
[{"$nulls":4},"Capital movements"]
[{"$nulls":4},"Commercial policy"]
[{"$nulls":4},"E-Commerce"]
[{"$nulls":4},"Exports and Imports"]
[{"$nulls":4},"Finance"]
[{"$nulls":4},"Foreign direct investment"]
[{"$nulls":4},"Income economics"]
[{"$nulls":4},"International economics"]
[{"$nulls":4},"International Investment"]
[{"$nulls":4},"International Trade Organizations"]
[{"$nulls":4},"Investments, Foreign"]
[{"$nulls":4},"Labor Demand"]
[{"$nulls":4},"Labor"]
[{"$nulls":4},"Labour"]
[{"$nulls":4},"Long-term Capital Movements"]
[{"$nulls":4},"Retail and Wholesale Trade"]
[{"$nulls":4},"Self-employed"]
[{"$nulls":4},"Self-employment"]
[{"$nulls":4},"Trade in goods"]
[{"$nulls":4},"Trade liberalization"]
[{"$nulls":4},"Trade Policy"]
[{"$nulls":4},"United States"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","\"July 2006.\""]
[null,null,"Nota di contenuto",null,"\"\"Contents\"\"; \"\"I. Introduction\"\"; \"\"II. Paradoxes of International Capital Flows\"\"; \"\"III. The Model\"\"; \"\"IV. Aggregation and Equilibrium Conditions\"\"; \"\"V. Comparative Statics\"\"; \"\"VI. Free Trade and Capital Flows\"\"; \"\"VII. Conclusions\"\"; \"\"Appendix: Proofs\"\""]
[null,null,null,"Sommario/riassunto","International capital flows from rich to poor countries can be regarded as either too low (the Lucas paradox in a one-sector model) or too high (when compared with the logic of factor price equalization in a two-sector model). To resolve the paradoxes, we introduce a non-neoclassical model which features financial contracts and firm heterogeneity. In our model, free patterns of gross capital flow emerge as a function of the quality of the financial system and the level of protection for property rights(i.e., the risk of expropriation. A poor country with an inefficient financial system but a low expropriation risk may simultaneously experience an outflow of financial capital but an inflow of foreign direct investment (FDI), resulting in a small net flow."]