Bhargava, Apoorv; Bouis, Romain; Kokenyne, Annamaria; … - 2023
developing economies over 1995-2018, we find that the tightening of capital controls reduces the probability of future surges …, intensifying the policy debate on how best to deal with these flows. This paper assesses the use and effectiveness of capital … controls in limiting inflow surges. Using a novel dataset on capital control changes across 40 advanced and emerging market and …