Capital Controls and the Cost of Debt is popular PDF and ePub book, written by Eugenia Andreasen in 2017-06-09, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Capital Controls and the Cost of Debt can be Read Online from any device for your convenience.
Capital Controls and the Cost of Debt Book PDF Summary
Using a panel data set for international corporate bonds and capital account restrictions in advanced and emerging economies, we show that restrictions on capital inflows produce a substantial and economically meaningful increase in corporate bond spreads. A number of heterogeneities suggest that the effect of capital controls on inflows is particularly strong for more financially constrained firms, establishing a novel channel through which capital controls affect economic outcomes. By contrast, we do not find a robust significant effect of restrictions on outflows.
Detail Book of Capital Controls and the Cost of Debt PDF
- Author : Eugenia Andreasen
- Release : 09 June 2017
- Publisher : International Monetary Fund
- ISBN : 9781484303313
- Genre : Business & Economics
- Total Page : 26 pages
- Language : English
- PDF File Size : 7,6 Mb
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