Serial Default and the "Paradox" of Rich-to-Poor Capital Flows

Authors: Reinhart C.M.; Rogoff K.S.

Source: The American Economic Review, Volume 94, Number 2, 1 May 2004 , pp. 53-58(6)

Publisher: American Economic Association

Document Type: Research article

DOI: http://dx.doi.org/10.1257/0002828041302370

Publication date: 2004-05-01

• The American Economic Review is a general-interest economics journal. The journal is published quarterly and contains articles on a broad range of topics. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession.
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