The Impact of Gray-Listing on Capital Flows : An Analysis Using Machine Learning /

The Financial Action Task Force's gray list publicly identifies countries with strategic deficiencies in their AML/CFT regimes (i.e., in their policies to prevent money laundering and the financing of terrorism). How much gray-listing affects a country's capital flows is of interest to pol...

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Detalles Bibliográficos
Autor Principal: Kida, Mizuho
Outros autores: Paetzold, Simon
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/153
Subjects:
Acceso en liña:Full text available on IMF
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520 3 |a The Financial Action Task Force's gray list publicly identifies countries with strategic deficiencies in their AML/CFT regimes (i.e., in their policies to prevent money laundering and the financing of terrorism). How much gray-listing affects a country's capital flows is of interest to policy makers, investors, and the Fund. This paper estimates the magnitude of the effect using an inferential machine learning technique. It finds that gray-listing results in a large and statistically significant reduction in capital inflows. 
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650 7 |a Capital Flows and Emerging Market Economies  |2 imf 
650 7 |a Foreign Exchange  |2 imf 
650 7 |a Inferential Machine Learning Technique  |2 imf 
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