Controls on Capital Inflows and the Transmission of External Shocks
In this paper we attempt to analyse whether price-based controls on capital inflows are successful in insulating economies against external shocks. We present results from vector autoregressive (VAR) models, which indicate that Chile and Colombia, countries that adopted controls on capital inflows,...
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| Language: | EN |
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2012
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| Online Access: | http://hdl.handle.net/10986/5579 |