Capital Control Measures: A New Dataset

Andrés Fernández Martin, Michael Klein, Alessandro Rebucci (), Martin Schindler and Martin Uribe

No 2015/080, IMF Working Papers from International Monetary Fund

Abstract: This paper presents a new dataset of capital control restrictions on both inflows and outflows of 10 categories of assets for 100 countries over the period 1995 to 2013. Building on the data in Schindler (2009) and other datasets based on the analysis of the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER), this dataset includes additional asset categories, more countries, and a longer time period. The paper discusses in detail the construction of the dataset and characterizes the data with respect to the prevalence and correlation of controls across asset categories and between controls on inflows and controls on outflows, the aggregation of the separate categories into broader indicators, and the comparison of this dataset with other indicators of capital controls.

Keywords: WP; capital control; outflow control; inflow control; capital control measures; capital flows; international financial integration; capital control indices; capital control data; capital account control; evolution of capital control; transactions control; capital control indicator; costs of capital control; disaggregate capital control category; Capital controls; Foreign direct investment; Financial derivatives; Personal income; Securities; Africa; Global (search for similar items in EconPapers)
Pages: 32
Date: 2015-04-22
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Citations: View citations in EconPapers (150)

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Related works:
Journal Article: Capital Control Measures: A New Dataset (2016)
Working Paper: Capital Control Measures: A New Dataset (2015)
Working Paper: Capital Control Measures: A New Dataset (2015)
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