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A Mathematical Model of Foreign Capital Inflow

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 نشر من قبل Gopal Basak
 تاريخ النشر 2016
  مجال البحث مالية
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The paper models foreign capital inflow from the developed to the developing countries in a stochastic dynamic programming (SDP) framework. Under some regularity conditions, the existence of the solutions to the SDP problem is proved and they are then obtained by numerical technique because of the non-linearity of the related functions. A number of comparative dynamic analyses explore the impact of parameters of the model on dynamic paths of capital inflow, interest rate in the international loan market and the exchange rate.



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