Controlling Capital? Legal Restrictions and the Asset Composition of International Financial Flows

Controlling Capital? Legal Restrictions and the Asset Composition of International Financial Flows
How effective are capital account restrictions? We provide new answers based on a novel panel data set of capital controls, disaggregated by asset class and by inflows/outflows, covering 74 countries during 1995-2005. We find the estimated effects of capital controls to vary markedly across the types of capital controls, both by asset... READ MORE...

Publication date: September 2009
ISBN 9781451873559
$18.00

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