One Cost of the Chilean Capital Controls: Increased Financial Constraints for Smalles Traded Firms
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There is growing support for taxes on short-term capital inflows in emerging markets, such as the encaje adopted by Chile from 1991-98. Previous empirical assessments of the encaje conclude that it may have generated some small economic benefits, such as shifting the composition of capital inflows
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美国国家经济研究局创建时间：
2003-06-01
