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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Bibliographic Details
Main Author: Gori, Filippo
Other Authors: Lepers, Etienne, Mehigan, Caroline
Format: eBook
Language:English
Published: Paris OECD Publishing 2020
Series:OECD Economics Department Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
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
Physical Description:35 p