Results 11 to 20 of about 754,643 (296)
Capital controls, capital flow contractions, and macroeconomic vulnerability [PDF]
Journal of International Money and Finance, 2007 Abstract In this paper I analyze whether restrictions to capital mobility reduce vulnerability to external shocks. More specifically, I ask if countries that restrict the free flow of international capital have a lower probability of experiencing a large contraction in net capital flows.
Sebastian Edwards
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Country-Level Size Effects in International Asset Pricing
Emerging Markets Journal, 2021 This paper investigates whether small markets offer higher risk-adjusted expected returns using a large set of developed and emerging markets over a time span of up to four decades. The results show that expected returns are significantly lower in larger
Crina Pungulescu
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PSL Quarterly Review, 2012 The article analyses the problem of international capital mobility which the Asian crisis has highlighted. It points out that the problem of capital mobility ("hot money" panics) has a long history, but globalization, the opening up of national ...
H. W. Arndt
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Capital Controls, Political Institutions, and Economic Growth: A Panel and Cross Country Analysis [PDF]
, 2007 Statistical studies on the effects of capital controls on growth have generally yielded insignificant results. In this paper, we show that capital controls negatively affect growth in authoritarian countries, while growth in democratic countries is ...
Shanker Satyanath, Shanker Satyanath
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Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten
Journal of Banking and Financial Economics, 2015 Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their emerging market counterparts. The current
Carmen M. Reinhart, Kenneth S. Rogoff
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Dampen macroeconomic volatility: a useful role of capital controls on international trade
Journal of Applied Economics, 2022 Capital controls may adversely affect international trade. This study aims to demonstrate the usefulness of capital controls for reducing macroeconomic volatilities and then mitigating their negative effects on international trade.
Chokri Zehri
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Tracing the invisible: How CBDCs can strengthen anti-money laundering in small open economies [PDF]
Banks and Bank SystemsType of the article: Research Article AbstractMoney laundering poses serious risks for small open economies by weakening financial stability and reducing trust in the financial system.
Mesbah Fathy Sharaf +2 more
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Institutions and social capital in group lending [PDF]
Russian Journal of Economics, 2021 Formal institutions and social capital interact with each other in multiple ways. We argue and show empirically at the cross-country level that in the case of group lending, contract enforcement complements bonding social capital and substitutes for ...
Michael Alexeev +2 more
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Capital Controls: A Normative Analysis [PDF]
SSRN Electronic Journal, 2013 Countries' concerns about the value of their currency have been studied and documented extensively in the literature. Capital controls can be — and often are — used as a tool to manage exchange rate fluctuations. This paper investigates whether countries can benefit from using such a tool.
De Paoli, Bianca, Lipinska, Anna
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Economia e Sociedade, 2023 The view of the International Monetary Fund (IMF) on capital account liberalization and capital controls has undergone important reassessments over the past two and a half decades.
Diego Angelico +1 more
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