Capital Controls and the Cost of Debt /
Using a panel data set for international corporate bonds and capital account restrictions in advanced and emerging economies, we show that restrictions on capital inflows produce a substantial and economically meaningful increase in corporate bond spreads. A number of heterogeneities suggest that th...
| Autor principal: | |
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| Altres autors: | , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2017/135 |
| Accés en línia: | Full text available on IMF |