1.

Record Nr.

UNISA996391730303316

Titolo

Articles to be enquired of and answered unto by the churchwardens and sworn men in the primary visitation of the right reverend Father in God John, Lord Bishop of Norwich, 1692 [[electronic resource]]

Pubbl/distr/stampa

London, : Printed for W. Rogers at the Sun over against St. Dunstan's Church in Fleetstreet, 1692

Descrizione fisica

[2], 6 p

Soggetti

Visitations, Ecclesiastical - England

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Reproduction of original in: British Library.

Sommario/riassunto

eebo-0018

2.

Record Nr.

UNINA9910973833103321

Autore

Clements Benedict

Titolo

Are Capital Controls Effective in the 21st Century? the Recent Experience of Colombia / / Benedict Clements, Herman Kamil

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612842528

9781462395132

1462395139

9781452701646

1452701644

9781282842526

1282842528

9781451871777

1451871775

Edizione

[1st ed.]

Descrizione fisica

1 online resource (27 p.)

Collana

IMF Working Papers

Altri autori (Persone)

KamilHerman

Disciplina

332.0424

Soggetti

Capital movements

Foreign exchange rates - Econometric models

Balance of payments

Capital controls



Capital flows

Capital inflows

Contingent Pricing

Currency

Current Account Adjustment

Exchange rates

Expenditure

Exports and Imports

Foreign Exchange

Foreign exchange

Futures Pricing

International economics

International Investment

Long-term Capital Movements

Option pricing

Pension spending

Pensions

Public Finance

Short-term Capital Movements

Social Security and Public Pensions

Colombia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Database and Stylized Facts on Capital Flows and Exchange Rates; A. Database; B. Capital Flows and Exchange Rates in the Pre-Controls Era; C. Capital Flows and Exchange Rates in the Controls Era; Tables; 1. Private Capital Flows Before and After Capital Controls; 1. Private Capital Flows Before and After Capital Controls; III. The Effectiveness of Capital Controls in Emerging Markets: Insights from Previous Research; IV. Empirical Methodology; A. The Effectiveness of Controls: Impact on Capital Flows

B. The Effectiveness of Controls: Evidence from Daily Exchange Rate Data V. Empirical Results; A. Controls and Capital Flows; 2. Impact of Capital Controls on Non-FDI Private Capital Flows; 3. Impact of Capital Controls on Foreign Borrowing and Drawdown of Residents' Bank Accounts Abroad; 4. Impact of Capital Controls on Portfolio Inflows; B. Controls and Exchange Rates; 5. Impact of Capital Controls on the Exchange Rate; Figures; VI. Conclusions and Suggestions for Future Research; References

Sommario/riassunto

This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate dynamics. The results suggest that the controls were successful in reducing external borrowing, but had no statistically significant impact on the volume of non- FDI flows as a whole. We find no evidence that restrictions to capital mobility moderated the appreciation of Colombia's currency, or increased the degree of independence of monetary policy. We also find



that controls have significantly increased the volatility of the exchange rate. Additional research is needed to assess the effects of capital controls on financial stability.