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過去のイベント

Global Capital Flows and National Policy Choices (joint with Irina Tytell)

開催場所:
東京大学経済学研究科棟 12階 第1共同研究室

報告者:
Shang-Jin Wei 氏(International Monetary Fund)

要約:
This paper studies whether changes in global financial environment have induced governments to pursue better policies (the “discipline effect’’).The evidence indicates that financial globalization has induced countries to pursue lower inflation rates, but not succeeded in lowering budget deficits. So the strength of the discipline effect various across different public policies.

備考: Macroworkshop と共催

ファイル(PDF): 資料