Economic Effects And Structural Determinants Of Capital Controls
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| Originally published | 1995 |
| Authors | Gian Maria Milesi-Ferretti |
| Vittorio Grilli | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2097508 |
About Economic Effects And Structural Determinants Of Capital Controls
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. . . .