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http://hdl.handle.net/10419/66721
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| Title: | | Medidas extendidas de restricciones a los flujos de capitales  |
| Authors: | | Selaive, Jorge Velásquez, Beatriz Villena, José Miguel |
| Issue Date: | | 2009 |
| Citation: | | [Journal:] Estudios de Economía [ISSN:] 0718-5286 [Volume:] 36 [Year:] 2009 [Issue:] 1 [Pages:] 97-115 |
| Abstract (Translated): | | In this work we extend a De Jure measure of capital account restrictions, previously assembled by Miniane (2004) for 34 economies, to a set of 181 countries for the period 1996-2005. Additionally, having in mind the pitfalls of this indicator, we propose two new measures. The first excludes prudential regulation and the second weights the indicator by a proxy of enforcement. This group of indicators allows academics and policymakers to evaluate and analyze the restrictions to capital account transactions for a large group of economies. |
| Subjects: | | international financial integration capital controls |
| JEL: | | G15 Q30 |
| Document Type: | | Article |
| Appears in Collections: | | Estudios de Economia, Department of Economics, University of Chile
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