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This paper analyzes the effectiveness of capital controls, in particular the Chilean experience with the use of the unremunerated reserve requirement. We examine the effects on interest rates, real exchange rate, and the volume and composition of capital inflows. The effects are elusive and it...
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This paper analyzes the effectiveness of capital controls, in particular the Chilean experience with the use of the unremunerated reserve requirement. We examine the effects on interest rates, real exchange rate, and the volume and composition of capital inflows. The effects are elusive and it...
Persistent link: https://www.econbiz.de/10013313644
Persistent link: https://www.econbiz.de/10001303602
Persistent link: https://www.econbiz.de/10001614068
Persistent link: https://www.econbiz.de/10009488666
Persistent link: https://www.econbiz.de/10009488668
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