Capital Account Liberalization and Inequality /

This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also find...

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Dettagli Bibliografici
Autore principale: Furceri, Davide
Altri autori: Loungani, Prakash
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/243
Accesso online:Full text available on IMF

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