Capital flow deflection under the magnifying glass
In a financially interconnected world, individual countries' policy choices affect other economies and can become a source of international shocks. Leveraging on a new quarterly dataset of capital control adjustments, we find renewed evidence that the introduction of capital controls in one eco...
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Other Authors: | , |
Format: | eBook |
Language: | English |
Published: |
Paris
OECD Publishing
2020
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Series: | OECD Economics Department Working Papers
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Subjects: | |
Online Access: | |
Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
Summary: | In a financially interconnected world, individual countries' policy choices affect other economies and can become a source of international shocks. Leveraging on a new quarterly dataset of capital control adjustments, we find renewed evidence that the introduction of capital controls in one economy increases capital inflows to other similar borrowing economies |
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Physical Description: | 35 p |