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Domestic and Multilateral Effects of Capital Controls in Emerging Markets

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NBER2015-01-01 更新2025-01-04 收录
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Using a novel, high frequency dataset on capital control actions in 16 emerging market economies (EMEs) from 2001 to 2012, we provide new insights into the domestic and multilateral effects of capital controls. Increases in capital account openness reduce monetary policy autonomy and increase

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2015-01-01
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