The Microeconomic Evidence on Capital Controls

By Kristin J. Forbes. 2007

119 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/9b71147068f5ab279770d318a3b48024b0353296

Citations in the corpus

• Financial Globalization: A Reappraisal (2009, unknown): “Forbes (2005b) argues further that capital controls may reduce vulnerability to crises but have large costs not just in terms of efficiency losses and less market discipline but also reduced capital flows.”
• Capital Flow Management Measures: What Are They Good For? (2014, unknown): “15 Rey (2014), Forbes and Warnock (2012), and Fratzscher (2012) provide empirical evidence on the importance of global risk in determining capital flows. Fratzscher, Lo Duca, and Straub (2012) provide evidence of the role of U.S. monetary policy. 16 Lim et al. (2011) highlight the importance of the ”
• The New Economics of Prudential Capital Controls: A Research Agenda (2011, unknown): “Desirability and effectiveness: Forbes (2005) argues that prudential capital controls may be undesirable because they increase the cost of finance for private firms and give rise to evasion.”
• Financial Globalization and Economic Policies (2009, unknown): “Since the controls often have to be continually updated in order to close loopholes and limit evasion, they involve significant administrative and monitoring costs (Forbes, 2005a).”