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Bubble thy neighbor : portfolio effects and externalities from capital controls ; conference paper

Forbes, Kristin; Fratzscher, Marcel; Kostka, Thomas; … - 2013

We use changes in Brazil s tax on capital inflows from 2006 to 2011 to test for direct portfolio effects and externalities from capital controls on investor portfolios. The analysis is structured based on information from investor interviews. We find that an increase in Brazil s tax on foreign...

Persistent link: https://www.econbiz.de/10010341669