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Capital flight and the uncertainty of government policies

Niels Hermes () and R. Lensink
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R. Lensink: Groningen University

No 00C30, Research Report from University of Groningen, Research Institute SOM (Systems, Organisations and Management)

Abstract: This paper shows that policy uncertainty, measured by the uncertainty of budget deficits, tax payments, government consumption and the inflation rate, has a statistically significant positive impact on capital flight. This result remains robust after having applied stability tests.

Date: 2000
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Citations: View citations in EconPapers (4)

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http://irs.ub.rug.nl/ppn/240565886 (application/pdf)

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Journal Article: Capital flight and the uncertainty of government policies (2001) Downloads
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