Capital Flows to Brazil : The Endogeneity of Capital Controls /

This paper creates an index of capital controls to analyze the determinants of capital flows to Brazil, accounting for the endogeneity of capital controls by considering a government that sets controls in response to capital flows. It finds that the government reacts strongly to capital flows by inc...

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Dettagli Bibliografici
Autore principale: Cardoso, Eliane
Altri autori: Goldfajn, Ilan
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1997.
Serie:IMF Working Papers; Working Paper ; No. 1997/115
Accesso online:Full text available on IMF