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This paper estimates the effectiveness of capital controls in response to inflow surges in Brazil, Colombia, Korea, and …
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that compromise the results of the analysis of the optimal level in Colombia. This article offers an alternative approach …
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This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate … the appreciation of Colombia's currency, or increased the degree of independence of monetary policy. We also find that …
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We explore the effectiveness of capital controls in Colombia. We analyze the impact of administrative restrictions to …
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This paper deals with some of the most important aspects of Latin America's experience with capital flows during the last twenty-five years. The paper begins with a historical analysis. I then deal with the sequencing of reform and discuss issues related to the relationship between capital...
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