The New Economics of Capital Controls Imposed for Prudential Reasons+L4888 /

This paper provides an introduction to the new economics of prudential capital controls in emerging economies. This literature is based on the notion that there are externalities associated with financial crises because individual market participants do not internalize their contribution to aggregat...

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Autor principal: Korinek, Anton
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2011.
Col·lecció:IMF Working Papers; Working Paper ; No. 2011/298
Accés en línia:Full text available on IMF