Who Benefits from Capital Account Liberalization? : Evidence from Firm-Level Credit Ratings Data /
We provide new firm-level evidence on the effects of capital account liberalization. Based on corporate foreign-currency credit ratings data and a novel capital account restrictions index, we find that capital controls can substantially limit access to, and raise the cost of, foreign currency debt,...
المؤلف الرئيسي: | |
---|---|
مؤلفون آخرون: | , |
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2009.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2009/210 |
الوصول للمادة أونلاين: | Full text available on IMF |