) and capital flow management tools (CFMs) can improve monetary policy tradeoffs under some conditions, including by … reducing the need for procyclical tightening in response to capital outflow pressures. Moreover, they can be used in a …

capital controls respond to macroprudential or mercantilist motivations. I explore this question using a novel, weekly dataset … on capital control actions in 21 emerging economies from 2001 to 2015. I introduce a new proxy for mercantilist …

We analyze the joint impact of macroprudential and capital control measures on cross-border banking flows, while … linked to circumvention motives. In the case of capital controls, most spillovers seem to be present through local affiliates …. We do not find evidence to support the idea that additional capital inflow controls could interact with macro …

-run capital flows in both theory and in the data. For this purpose, we develop a two region overlapping generations model where … transfer schemes tend to have lower saving and more capital inflows over the long-run, this effect may be dampened by natural …

The performance of macroeconomic indicators of capital mobility is examined in the context of an intertemporal … in the presence of income disturbances. None of these statistics is a reliable indicator of capital mobility unless …

This paper examines the effects of taxation of human capital, physical capital and foreign assets in a multi …-sector model of endogenous growth. It is shown that in general the growth rate is reduced by taxes on capital and labor (human … capital) income. When the government faces no borrowing constraints and is able to commit to a given set of present and future …

Even though financial markets today show a high degree of integration, the world capital market is still far from the … textbook story of high capital mobility. The purpose of this paper is to highlight key sources of market failure in the context … of international capital flows and to provide guidelines for efficient tax structure in the presence of capital market …