Effectiveness of Capital Outflow Restrictions

Effectiveness of Capital Outflow Restrictions
This paper examines the effectiveness of capital outflow restrictions in a sample of 37 emerging market economies during the period 1995-2010, using a panel vector autoregression approach with interaction terms. Specifically, it examines whether a tightening of outflow restrictions helps reduce net capital outflows. We find that such tightening... READ MORE...

Publication date: January 2014
ISBN 9781484379752
$18.00

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