Format:
Online-Ressource (26 p)
Edition:
Online-Ausg.
ISBN:
1513531085
,
9781513531083
Series Statement:
IMF Working Papers: Working Paper No. 15 / 243
Content:
This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also find that the level of financial development and the occurrence of crises play a key role in shaping the response of inequality to capital account liberalization reforms
Additional Edition:
Erscheint auch als Druck-Ausgabe Furceri, Davide Capital Account Liberalization and Inequality Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513531083
Language:
English
Keywords:
Graue Literatur
DOI:
10.5089/9781513531083.001
Author information:
Loungani, Prakash 1959-
