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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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1997.
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Colecção: | IMF Working Papers; Working Paper ;
No. 1997/115 |
Acesso em linha: | Full text available on IMF |