Capital controls in Chile: were they effective?

dc.contributor.author	Gallego Yáñez, Francisco
dc.contributor.author	Hernández T., Leonardo
dc.contributor.author	Schmidt-Hebbel, Klaus
dc.coverage.spatial	CHILE	es_ES
dc.date.accessioned	2019-11-01T00:01:35Z
dc.date.available	2019-11-01T00:01:35Z
dc.date.issued	2002
dc.identifier.isbn	956-7421-072
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3647
dc.description	Controls on international capital flows have no place in a world without policy distortions and markt failures. Capital controls can only be justified as second-best measures to compensate for nonremovable policy distortions, including inadequate regulation and supervision of the financial and corporate sectors and excessive insurance against exchange rate risk under limited exchange rate flexibility, among others.
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 361-412
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Serieson Central Banking, Analysis, and Economic Policies, no. 3
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	MOVIENTOS DE CAPITAL	es_ES
dc.subject	TIPO DE CAMBIO	es_ES
dc.title	Capital controls in Chile: were they effective?
dc.type.doc	Artículo
dc.file.name	BCCh-sbc-v03-p361_412

Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile