Who benefits from capital account liberalization? : evidence from firm-level credit ratings data /
We provide new firm-level evidence on the effects of capital account liberalization. Based on corporate foreign-currency credit ratings data and a novel capital account restrictions index, we find that capital controls can substantially limit access to, and raise the cost of, foreign currency debt,...
Clasificación: | Libro Electrónico |
---|---|
Autores principales: | Prati, Alessandro, 1961- (Autor), Schindler, Martin, 1971- (Autor), Valenzuela, Patricio (Autor) |
Autor Corporativo: | International Monetary Fund. Research Department |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
|
Colección: | IMF working paper ;
WP/09/210. |
Temas: | |
Acceso en línea: | Texto completo |
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