Capital Flow Deflection /

This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls, we show that inflow restrictions distort international capital flows to other countries and that, in turn, such capital flow deflection may...

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Bibliographic Details
Main Author: Giordani, Paolo
Other Authors: Ruta, Michele, Weisfeld, Hans, Zhu, Ling
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/145
Online Access:Full text available on IMF