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Too much of a good thing: The macroeconomic effects of taxing capital inflows Author info | Abstract | Publisher info | Download info | Related research | Statistics Reinhart, Carmen
Smith, R. Todd
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In addition to altering fiscal, monetary, and exchange rate policies in response to the surge in international capital inflows in the early 1990s,policy makers in many countries in ASIa, Eastern Europe, and Latin America have resorted to measures to control capital inflows.We provide a preliminary assessment of the effects of some of the macroeconomic effects of these policies.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
13234.
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Date of creation: 1998Date of revision:
Handle: RePEc:pra:mprapa:13234Contact details of provider: Postal: Schackstr. 4, D-80539 Munich, Germany Phone: +49-(0)89-2180-2219 Fax: +49-(0)89-2180-3900 Web page: http://mpra.ub.uni-muenchen.de More information through EDIRC
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Keywords: capital controls capital inflows reserve requirements taxes ; Other versions of this item:
Find related papers by JEL classification: F20 - International Economics - - International Factor Movements and International Business - - - General F30 - International Economics - - International Finance - - - General
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
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IMF Occasional Papers
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Eastern Economic Journal ,
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[Downloadable!]
Other versions: Eichengreen, Barry & Tobin, James & Wyplosz, Charles, 1995.
"Two Cases for Sand in the Wheels of International Finance ,"
Economic Journal ,
Royal Economic Society, vol. 105(428), pages 162-72, January.
[Downloadable!] (restricted)
Other versions: Reinhart, Carmen & Reinhart, Vincent, 1999.
"On the use of reserve requirements in dealing with capital flow problems ,"
MPRA Paper
13703, University Library of Munich, Germany.
[Downloadable!]
Other versions: Marcio G. P. Garcia & Alexandre Barcinski, 1996.
"Capital flows to Brazil in the nineties: Macroeconomic aspects and the effectiveness of capital controls ,"
Textos para discussão
357, Department of Economics PUC-Rio (Brazil).
[Downloadable!]
Other versions: Garber, Peter & Taylor, Mark P, 1995.
"Sand in the Wheels of Foreign Exchange Markets: A Sceptical Note ,"
Economic Journal ,
Royal Economic Society, vol. 105(428), pages 173-80, January.
[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Reinhart, Carmen & Montiel, Peter, 2001.
"The Dynamics of Capital Movements to Emerging Economies During the 1990s ,"
MPRA Paper
7577, University Library of Munich, Germany.
[Downloadable!]
Nicolas E. Magud & Carmen Reinhart & Kenneth Rogoff, 2007.
"Capital controls: myth and reality, a portfolio balance approach to capital controls ,"
Working Paper Series
2007-31, Federal Reserve Bank of San Francisco.
[Downloadable!]
Other versions: Nicolas Magud & Carmen M. Reinhart, 2007.
"Capital Controls: An Evaluation ,"
NBER Chapters ,
in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, pages 645-674
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions:
Reinhart, Carmen & Magud, Nicolas, 2007.
"Capital controls: An evaluation ,"
MPRA Paper
14097, University Library of Munich, Germany.
[Downloadable!] Nicholas Magud & Carmen M. Reinhart, 2006.
"Capital Controls: An Evaluation ,"
NBER Working Papers
11973, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Nicolas Magud & Carmen M. Reinhart, 2005.
"Capital Controls: An Evaluation ,"
University of Oregon Economics Department Working Papers
2005-19, University of Oregon Economics Department.
[Downloadable!] Gustavo Franco, 2006.
"Capital inflows into Brazil, 1992-98: the nature and effects of controls and restrictions ,"
Textos para discussão
517, Department of Economics PUC-Rio (Brazil).
[Downloadable!]
Reinhart, Carmen, 2006.
"What is next for financial globalization: Some perspective gained from the experience of capital flows to emerging market economies ,"
MPRA Paper
13400, University Library of Munich, Germany.
[Downloadable!]
Reinhart, Carmen & Smith, R Todd, 2002.
"Temporary controls on capital inflows ,"
MPRA Paper
13863, University Library of Munich, Germany.
[Downloadable!]
Other versions:
Carmen M. Reinhart & R. Todd Smith, 2001.
"Temporary Controls on Capital Inflows ,"
NBER Working Papers
8422, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Reinhart, Carmen M. & Smith, R. Todd, 2002.
"Temporary controls on capital inflows ,"
Journal of International Economics ,
Elsevier, vol. 57(2), pages 327-351, August.
[Downloadable!] (restricted) Rajesh Singh & Chetan Subramanian, 2008.
"Temporary stabilization with capital controls ,"
Economic Theory ,
Springer, vol. 34(3), pages 545-574, March.
[Downloadable!] (restricted)
Other versions: Reinhart, Carmen & Calvo, Guillermo, 1999.
"The Consequences and Management of Capital Inflows: Lessons for Sub-Saharan Africa ,"
MPRA Paper
7901, University Library of Munich, Germany.
[Downloadable!]
Hali J. Edison & Carmen M. Reinhart, 2000.
"Capital controls during financial crises: the case of Malaysia and Thailand ,"
International Finance Discussion Papers
662, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!]
Other versions: Reinhart, Carmen & Montiel, Peter, 1999.
"Do capital controls influence the volume and composition of capital flows? Evidence from the 1990s ,"
MPRA Paper
13710, University Library of Munich, Germany.
[Downloadable!]
Lamberte, Mario B., 1999.
"Currency Crisis: Where Do We Go From Here? ,"
Discussion Papers
DP 1999-10, Philippine Institute for Development Studies.
[Downloadable!]
M. Frenkel & G. Shimidt & G. Stadtmann & Nickle Christiane, 2002.
"The Effects of Capital Controls on Exchange Rate Volatility and Output ,"
International Economic Journal ,
Korean International Economic Association, vol. 16(4), pages 27-51, December.
[Downloadable!] (restricted)
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