Economic Effects And Structural Determinants Of Capital Controls


Economic Effects And Structural Determinants Of Capital Controls
Author: Mr. Vittorio Grilli
Publisher: International Monetary Fund
ISBN: 1455224235
Size: 10.14 MB
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Economic Effects And Structural Determinants Of Capital Controls

eBook File: Economic-effects-and-structural-determinants-of-capital-controls.PDF Book by Mr. Vittorio Grilli, Economic Effects And Structural Determinants Of Capital Controls Books available in PDF, EPUB, Mobi Format. Download Economic Effects And Structural Determinants Of Capital Controls books, This paper studies determinants and effects of capital controls using a panel of 61 developed and developing countries. The results suggest that capital account restrictions are more likely to be in place in countries with low income, a large share of government, and where the central bank is not independent. Other determinants of controls include the exchange rate regime, current account imbalances and the degree of openness of the economy. We also find that capital controls and other foreign exchange restrictions are associated with higher inflation and lower real interest rates. We do not find any robust correlation between our measures of controls and the rate of growth, although there is evidence that countries with large black market premia grow more slowly.


Economic Effects and Structural Determinants of Capital Controls
Language: en
Pages: 48
Authors: Mr. Vittorio Grilli, Mr. Gian-Maria Milesi-Ferretti
Categories: Business & Economics
Type: BOOK - Published: 1995-03-01 - Publisher: International Monetary Fund
This paper studies determinants and effects of capital controls using a panel of 61 developed and developing countries. The results suggest that capital account restrictions are more likely to be in place in countries with low income, a large share of government, and where the central bank is not independent.
Economic Effects and Structural Determinants of Capital Controls
Language: en
Pages: 48
Authors: Mr.Gian Milesi-Ferretti, Mr.Vittorio Grilli
Categories: Business & Economics
Type: BOOK - Published: 1995-03-01 - Publisher: International Monetary Fund
This paper studies determinants and effects of capital controls using a panel of 61 developed and developing countries. The results suggest that capital account restrictions are more likely to be in place in countries with low income, a large share of government, and where the central bank is not independent.
Capital Flight and Capital Controls in Developing Countries
Language: en
Pages: 343
Authors: Gerald A. Epstein
Categories: Business & Economics
Type: BOOK - Published: 2005-01-01 - Publisher: Edward Elgar Publishing
Capital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers of capital due to its scarcity. This situation is often reversed, however, with
Determinants of Current Account Deficits in Developing Countries
Language: en
Pages: 37
Authors: César Calderón, Alberto Chong, Norman Loayza
Categories: Balance of payments
Type: BOOK - Published: 2000 - Publisher:
In developing countries, increases in current account deficits tend to be associated with a rise in domestic output growth and shocks that increase the terms of trade and cause the real exchange rate to appreciate. Higher savings rates, higher growth rates in industrial economies and higher international interest rates tend
The Effects of Capital Controls on Exchange Rate Volatility and Output
Language: en
Pages: 28
Authors: Michael Frenkel
Categories: Capital movements
Type: BOOK - Published: 2001 - Publisher:
Books about The Effects of Capital Controls on Exchange Rate Volatility and Output
Институты рынка ценных бумаг в России
Language: ru
Pages:
Authors: Michael Frenkel
Categories: Capital market
Type: BOOK - Published: 1997 - Publisher:
Books about Институты рынка ценных бумаг в России
STAFF PAPERS
Language: en
Pages:
Authors: Michael Frenkel
Categories: Capital market
Type: BOOK - Published: 1995 - Publisher:
Books about STAFF PAPERS
On the Political Economy of Temporary Policies : Capital Controls and Stabilization Programs
Language: en
Pages: 274
Authors: Laura Alfaro Maykall
Categories: Economic policy
Type: BOOK - Published: 1999 - Publisher:
Books about On the Political Economy of Temporary Policies : Capital Controls and Stabilization Programs
The Tragedy that Didn't Happen
Language: en
Pages: 338
Authors: Marie-Aimée Tourres
Categories: Capital market
Type: BOOK - Published: 2003 - Publisher:
Books about The Tragedy that Didn't Happen
Working Paper Summaries, January-June 1995
Language: en
Pages: 60
Authors: Marie-Aimée Tourres
Categories: Economic policy
Type: BOOK - Published: 1995 - Publisher:
Books about Working Paper Summaries, January-June 1995