Regulating Capital Flows at Both Ends: Does it Work?

Regulating Capital Flows at Both Ends: Does it Work?
This paper examines whether cross-border capital flows can be regulated by imposing capital account restrictions (CARs) in both source and recipient countries, as was originally advocated by John Maynard Keynes and Harry Dexter White. To this end, we use data on bilateral cross-border bank flows from 31 source to 76 recipient (advanced and... READ MORE...

Publication date: October 2014
ISBN 9781498358743
$18.00

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