The Real Effects of Capital Controls: Firm-Level Evidence from a Policy Experiment
收藏NBER2014-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20726
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资源简介:
This paper evaluates the effects of capital controls on firm-level stock returns and real investment using data from Brazil. On average, there is a statistically significant drop in cumulative abnormal returns consistent with an increase in the cost of capital for Brazilian firms following capital
提供机构:
美国国家经济研究局
创建时间:
2014-12-01



