Capital Mobility and Exchange Market Intervention in Developing Countries /

Official controls on interest rates and capital flows rule out the use of traditional interest rate parity conditions to measure changes in the degree of capital mobility confronting developing countries. This paper develops an alternative technique for measuring the cost of undertaking disguised ca...

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Bibliographic Details
Main Author: Rojas-Suarez, Liliana
Other Authors: Dooley, Michael, Mathieson, Donald
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/131
Online Access:Full text available on IMF