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A reexamination of capital controls’ effectiveness: Recent experience of Thailand

✍ Scribed by Pongrapeeporn Abhakorn; Nongnuch Tantisantiwong

Book ID
113470386
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
693 KB
Volume
23
Category
Article
ISSN
1049-0078

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✍ Francisco A. Gallego; F. Leonardo Hernández 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 283 KB

## Abstract This paper provides empirical evidence on some of the microeconomic effects of the capital controls introduced in Chile during the 1990s, in particular, the unremunerated reserve requirement (URR). By looking at financial statements for a group of 73 Chilean firms during 1986–2001, the