Capital Flow Deflection

Released on by Paolo Giordani
preview-18

  • Capital Flow Deflection Book Detail

  • Author : Paolo Giordani
  • Release Date : 2014-08-08
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 47
  • ISBN 13 : 1498317499
  • File Size : 97,97 MB
DOWNLOAD BOOK

Capital Flow Deflection by Paolo Giordani PDF Summary

Book Description: This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls, we show that inflow restrictions distort international capital flows to other countries and that, in turn, such capital flow deflection may lead to a policy response. We then test the theory using data on inflow restrictions and gross capital inflows for a large sample of developing countries between 1995 and 2009. Our estimation yields strong evidence that capital controls deflect capital flows to other borrowing countries with similar economic characteristics. Notwithstanding these strong cross-border spillover effects, we do not find evidence of a policy response.

Disclaimer: www.yourbookbest.com does not own Capital Flow Deflection books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Capital Flow Deflection

Capital Flow Deflection

File Size : 31,31 MB
Total View : 5637 Views
DOWNLOAD

This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls,

Capital Flow Deflection

Capital Flow Deflection

File Size : 84,84 MB
Total View : 8952 Views
DOWNLOAD

This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls,