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,...
Call Number: | Libro Electrónico |
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Main Authors: | , , |
Corporate Author: | |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
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Series: | IMF working paper ;
WP/09/210. |
Subjects: | |
Online Access: | Texto completo |