Temporary controls on capital inflows

During the past decade a number of countries imposed capital controls that had two distinguishing features: they were asymmetric, in that they were designed principally to discourage capital inflows, and they were temporary. This paper studies formally the consequences of these policies, calibrates...

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Bibliographic Details

Main Authors:	Reinhart, Carmen M. (Author), Smith, R. Todd (Author)
Format:	Book
Language:	English
Published:	Cambridge National Bureau of Economic Research 2001
Series:	NBER working paper series no. 8422
Subjects:	Capital movements. Investments, Foreign > Government policy. Capital market > State supervision.
Online Access:	Download the full text here