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150128 ||| eng |
| 020 |
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|a 9781589068209
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| 245 |
0 |
0 |
|a IMF Staff Papers, Volume 56, No. 3
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2009
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| 300 |
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|a 247 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Inflation
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| 653 |
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|a Wealth
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| 653 |
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|a Finance
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| 653 |
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|a Current account
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| 653 |
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|a Short-term Capital Movements
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Saving
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| 653 |
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|a Deflation
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| 653 |
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|a Current Account Adjustment
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| 653 |
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|a Balance of payments
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| 653 |
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|a Long-term Capital Movements
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| 653 |
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|a Exports and Imports
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| 653 |
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|a General Financial Markets: General (includes Measurement and Data)
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| 653 |
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|a International economics
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| 653 |
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|a National accounts
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| 653 |
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|a Capital flows
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| 653 |
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|a Price Level
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| 653 |
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|a Financial markets
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| 653 |
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|a Consumption; Economics
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| 653 |
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|a Emerging and frontier financial markets
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Consumption
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| 653 |
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|a Prices
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| 653 |
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|a Financial services industry
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Macroeconomics: Consumption
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| 653 |
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|a Capital movements
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| 653 |
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|a Finance: General
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| 653 |
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|a Current account deficits
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| 653 |
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|a International Investment
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| 710 |
2 |
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|a International Monetary Fund
|b Research Dept
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Papers
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| 028 |
5 |
0 |
|a 10.5089/9781589068209.024
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/024/2009/003/024.2009.issue-003-en.xml?cid=22605-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Studies of the impact of trade openness on growth are based either on crosscountry analysis—which lacks transparency—or case studies—which lack statistical rigor. This paper applies a transparent econometric method drawn from the treatment evaluation literature (matching estimators) to make the comparison between treated (that is, open) and control (that is, closed) countries explicit while remaining within a statistical framework. Matching estimators highlight that common cross-country evidence is based on rather far-fetched country comparisons, which stem from the lack of common support of treated and control countries in the covariate space. The paper therefore advocates paying more attention to appropriate sample restriction in crosscountry macro research
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