Economic Effects and Structural Determinants of Capital Controls:
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Bibliographische Detailangaben
Beteilige Person: Grilli, Vittorio (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1995
Schriftenreihe:IMF Working Papers Working Paper No. 95/31
Links:http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
http://elibrary.imf.org/view/IMF001/01947-9781451844993/01947-9781451844993/01947-9781451844993.xml
Abstract: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
Umfang:1 Online-Ressource (48 p)
ISBN:1451844999
9781451844993