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008 181113s2009 xx o ||||0 eng d
020 _a9781452732909
_q(electronic bk.)
020 _z9781451873559
035 _a(MiAaPQ)EBC1608839
035 _a(Au-PeEL)EBL1608839
035 _a(CaPaEBR)ebr10368904
035 _a(OCoLC)870245462
040 _aMiAaPQ
_beng
_erda
_epn
_cMiAaPQ
_dMiAaPQ
050 4 _aHG3891 -- .B565 2009eb
082 0 _a332.4
_a332.45
100 1 _aBinici, Mahir.
245 1 0 _aControlling Capital? Legal Restrictions and the Asset Composition of International Financial Flows.
264 1 _aWashington :
_bInternational Monetary Fund,
_c2009.
264 4 _c©2009.
300 _a1 online resource (34 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aIMF Working Papers
505 0 _aIntro -- Table of Contents -- I. Introduction -- II. Literature Review -- A. Individual Country Studies -- B. Multi-Country Studies -- III. Data and Methodology -- A. The Basic Framework -- B. Control Variables: Determinants of Capital Flows -- IV. Results -- A. Reference Results -- B. Asset Categories -- C. Inflows versus Outflows -- D. Composition of Capital Flows -- V. Extensions -- VI. Conclusion -- Tables -- 1. Descriptive Statistics -- 2. Aggregate Capital Flows and Controls -- 3. Disaggregated Capital Flows and Controls -- 4. Disaggregated Capital Flows and Controls: Composition Effects -- 5. Disaggregated Capital Flows and Simultaneous Inflow and Outflow Controls -- 6. Disaggregated Capital Flows, Controls and Country Groups -- 7. Disaggregated Capital Flows and Contemporaneous and Lagged -- Figures -- 1. International Financial Integration, 1970-2006 -- 2. The Composition of Capital Controls (sample average) -- 3. The Composition of Capital Controls (country level) -- Appendix Tables -- A1. List of Countries in the Data set -- A2. Data Description and Sources -- A3. Disaggregated Capital Flows and Controls -- A4. Disaggregated Capital Flows and Controls: Country and Time FE -- References.
520 _aHow effective are capital account restrictions? We provide new answers based on a novel panel data set of capital controls, disaggregated by asset class and by inflows/outflows, covering 74 countries during 1995-2005. We find the estimated effects of capital controls to vary markedly across the types of capital controls, both by asset categories, by the direction of flows, and across countries'' income levels. In particular, both debt and equity controls can substantially reduce outflows, with little effect on capital inflows, but only high-income countries appear able to effectively impose debt (outflow) controls. The results imply that capital controls can affect both the volume and the composition of capital flows.
588 _aDescription based on publisher supplied metadata and other sources.
590 _aElectronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
650 0 _aCapital movements -- Government policy.
650 0 _aInternational business enterprises.
655 4 _aElectronic books.
700 1 _aHutchison, Michael M.
700 1 _aSchindler, Martin.
776 0 8 _iPrint version:
_aBinici, Mahir
_tControlling Capital? Legal Restrictions and the Asset Composition of International Financial Flows
_dWashington : International Monetary Fund,c2009
_z9781451873559
797 2 _aProQuest (Firm)
830 0 _aIMF Working Papers
856 4 0 _uhttps://ebookcentral.proquest.com/lib/buse-ebooks/detail.action?docID=1608839
_zClick to View
999 _c118308
_d118308