Do Macroeconomic Effects of Capital Controls Vary by their Type? Evidence From Malaysia

Do Macroeconomic Effects of Capital Controls Vary by their Type? Evidence From Malaysia
This paper examines how the macroeconomic effects of capital controls vary depending on which type of international financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds, in an error-correction model, that capital controls generally have statistically insignificant... READ MORE...

Publication date: January 2004
ISBN 9781451841930
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