Capital Mobility and Exchange Market Intervention in Developing Countries

Capital Mobility and Exchange Market Intervention in Developing Countries
Official controls on interest rates and capital flows rule out the use of traditional interest rate parity conditions to measure changes in the degree of capital mobility confronting developing countries. This paper develops an alternative technique for measuring the cost of undertaking disguised capital flows when such official controls are... READ MORE...

Publication date: November 1996
ISBN 9781451855234
$15.00

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