Capital controls
Capital controls and spillover effects: evidence from Latin-American countries
... We estimate four types of equation, each one explaining a different variable: portfolio bond or equity inflows, to Brazil or to third countries. Our baseline regression is carried out using ordinary least squares (OLS), ...
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Capital controls during financial crises: The case of Malaysia and Thailand
... Malaysia, controls in general do not seem to be associated with lower capital flows to/from the United ...of capital controls, but most of the time this difference was not statistically ...of ...
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A BRIEF REVIEW OF LITERATURE ON THE EFFECTIVENESS OF INTERNATIONAL CAPITAL CONTROLS
... that capital control measures should be part of the toolkit to manage capital flows, and they should be targeted at the short term ...that capital controls should only be used as a last ...use ...
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Capital controls and recovery from the financial crisis of the 1930s
... of capital controls, we looked at whether covered interest parity (CIP) ...that capital controls could have potentially been used to maintain an interest rate different from the global ...
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Capital Controls: Mud in the Wheels of Market Discipline
... of capital account liberalization may be elusive, possibly due to a range of market ...their capital controls, however, suggests that capital account liberalization may actually have ...
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Capital Controls and Monetary Policy in Developing Countries
... capital controls. By setting limits on the amount or kind of foreign capital that is allowed into (or out of) a country, these controls may help set both the domestic interest rate and the ...
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Paradigm shift? A critique of the IMF’s new approach to capital controls
... turned capital account management into an increasingly contested ...that capital flows, and no longer trade relationships, have become the ‗principal conduit for the transmission of global shocks‘ (IMF, ...
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Recent Experiences with Capital Controls : Is There A Lesson for Turkey?
... with capital controls instead of restructuring its economy and ended up in a disaster in ...with capital inflows with the same restrictions during 1991-1998 period much more ...when controls ...
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How do Capital Controls Affect the Transmission of Foreign Shocks?
... unrestricted capital flows, whenever the government imposes a capital ...private capital, the government needs to allow the domestic interest rate to ...sense, capital controls add to ...
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THREE ESSAYS ON EXCHANGE RATE AND CAPITAL CONTROLS
... China’s capital controls are much less effective in long ...no capital controls at ...China’s capital controls changes over years, I use the time-varying parameter in Eq ...
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Capital Controls, Entrepreneurship and Economic Growth in Selected Developing Countries
... gross capital fixed formation, it is well cleared from Table 12 that entrepreneurship influences economic growth significantly and remain positive as reported earlier while the effect of capital ...
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Capital controls: An evaluation
... at controls on inflows (Panel A) along with the preliminary results in Table 6, capital controls were able to make monetary policy more independent, alter the composition of capital flows ...
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Capital Controls: Myth and Reality--A Portfolio Balance Approach
... Capital controls is not a new topic in the international finance ...of controls on capital inflows repeatedly over ...encourage capital inflows and favor an opening of their financial ...
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Imperfect Competition in Financial Markets and Capital Controls: A Model and a Test
... and controls on the capital account that reduce efficiency of the financial system (McKinnon, 1973; Shaw ...such controls on their financial ...and capital controls, on the equilibrium ...
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Why were capital controls abandoned? The case of Britain’s abolition of exchange controls, 1977 9
... in capital mobility during the post-war period, and the pressures this exerted on states’ policy ...intensified capital flows (Watson, 2007; Green, 2016). Heightened capital mobility pressed states ...
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A Theory of Capital Controls as Dynamic Terms-of-Trade Manipulation
... analytical example how such compositional issues relate to cross-country differences in demand. In a multigood world in which countries have different preferences, a change in the time profile of consumption af- fects ...
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Capital controls and exchange rate instability in developing economies
... of capital controls in averting currency crises, at least not without other supporting economic ...Chilean controls imposed in the 1980s, for example, Edwards (1999) finds that “…the relative absence ...
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Capital flows, capital controls and currency crisis: the case of Brazil in the nineties
... quality capital was sought by the Brazilian Central ...on capital inflows were enacted: a) reduction in the maximum period for the contracting of exchange prior to shipment and, consequently, of ACC ...
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Managing the Process of Removing Capital Controls: What Does the Literature Suggest?
... with controls over capital flows, the country can exert some degree of monetary independence subject, however, to the maintenance of the exchange rate ...of capital controls if the country ...
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