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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Detalhes bibliográficos
Autor principal: Giordani, Paolo
Outros Autores: Ruta, Michele, Weisfeld, Hans, Zhu, Ling
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2014.
Colecção:IMF Working Papers; Working Paper ; No. 2014/145
Acesso em linha:Full text available on IMF