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De facto financial openness and capital mobility

Javed Younas ()

Economics Letters, 2011, vol. 112, issue 1, 60-62

Abstract: This paper shows that de facto financial openness does (does not) increase capital mobility in developing (developed) countries and that capital is (is not) freely mobile in the most financially open developing (developed) countries.

Keywords: Feldstein-Horioka; puzzle; De; facto; financial; openness; Dynamic; panel; model (search for similar items in EconPapers)
Date: 2011
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Handle: RePEc:eee:ecolet:v:112:y:2011:i:1:p:60-62