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The Microeconomic Evidence on Capital Controls: No Free Lunch

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NBER2005-05-01 更新2025-01-04 收录
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Macroeconomic analyses of capital controls face a number of imposing challenges and have yielded mixed results to date. This paper takes a different approach and surveys an emerging literature that evaluates various microeconomic effects of capital controls and capital account liberalization.

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2005-05-01
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