The Effectiveness of Capital Controls: Theory and Evidence from Chile
Tóm tắt
Từ khóa
Tài liệu tham khảo
Chumacero, R., Labán, R., and Larraín F. (1996) ‘What Determines Capital Inflows? An Empirical Analysis for Chile', mimeo presented at conference organized by Instituto de Economía, U. Católica de Chile, Santiago.
Corbo, V. and Hernández, L. (1994) ‘Macroeconomic Adjustment to Capital Inflows: Latin American Style versus East Asian Style'. Policy Research Working Paper No. 1377, The World Bank, Washington D.C.
De Gregorio, J. (1995) ‘Financial Opening and Capital Controls: The Experience of Spain', Chapter 8 in R. Dornbusch and Y.C. Park (eds.), Financial Opening: Policy Lessons for Korea, Korea Institute of Finance, Seoul.
Dooley, M. and Chinn, M. (1995) ‘Financial Repression and Capital Mobility: Why Capital Flows and Covered Interest Rate Differentials Fail to Measure Capital Market Integration', NBER Working Paper No. 5347.
Eichengreen, B. and Wyplosz, C. (1993) ‘The Unstable EMS', Brookings Papers on Economic Activity 2, 51–143.
Eichengreen, B., Tobin, J., and Wyplosz, C. (1995) ‘Two Cases for Sands in the Wheels of International Finance', The Economic Journal 105, 162–172.
Garber, P. and Taylor, M. (1995) ‘Sand in the Wheels of Foreign Exchange Markets: A Sceptical Note', The Economic Journal 105, 173–180.
Gravelle, J. (1991) ‘Do IRAs Increase Savings?', Journal of Economic Perspectives 5(2), 133–148.
Herrera, L.O. and Valdés, R. (1997) ‘Encaje y autonomía monetaria en Chile', mimeo Central Bank of Chile.
IMF (1995) ‘Background Paper No. V', in International Capital Markets, Washington, D.C.
Labán, R. and Larraín, F. (1994) ‘What Drives Capital Inflows? Lessons from the Recent Chilean Experience', Working Paper No. 168, Instituto de Economía, U. Católica de Chile, Santiago.
Mathieson, D. and Rojas-Suárez, L. (1993) ‘Liberalization of the Capital Account: Experiences and Issues', IMF Occasional Paper No. 103, Washington D.C.
Quirk, P., Evans, O., and others (1995) ‘Capital Account Convertibility: Review of Experience and Implications for IMF Policies', Occasional Paper No. 131, International Monetary Fund, Washington DC, October.
Soto, M. (1995) ‘Encaje a los Créditos Externos: La Evidencia Empírica en Chile', Master's Thesis in Economics, Instituto de Economía, U. Católica de Chile, Santiago.
Tobin, J. (1978) ‘A Proposal for International Monetary Reform', Eastern Economic Journal 4, 153–159.
Valdés-Prieto, S. (1994) ‘Financial Liberalization and the Capital Account: Chile 1974–84', Chapter 12 in G. Caprio, I. Atiyas and J. Hanson (eds.), Financial Reform: Theory and Experience, Cambridge University Press.
Valdés-Prieto, S. and Soto, M. (1996) ‘¿Es el control selectivo de capitales efectivo en Chile? Su efecto sobre el tipo de cambio real', Cuadernos de Economía No. 98 77–104.