Too much of a good thing: The macroeconomic effects of taxing capital inflows

Carmen Reinhart and Richard Smith

MPRA Paper from University Library of Munich, Germany

Abstract: In addition to altering fiscal, monetary, and exchange rate policies in response to the surge in international capital inflows in the early 1990s,policy makers in many countries in ASIa, Eastern Europe, and Latin America have resorted to measures to control capital inflows.We provide a preliminary assessment of the effects of some of the macroeconomic effects of these policies.

Keywords: capital; controls; capital; inflows; reserve; requirements; taxes (search for similar items in EconPapers)
JEL-codes: F20 F30 (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (53)

Published in Managing Capital Flows and Exchange Rates (1998): pp. 436-464

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Related works:
Journal Article: Temporary controls on capital inflows (2002)
Working Paper: Temporary controls on capital inflows (2002)
Working Paper: Temporary Controls on Capital Inflows (2001)
Journal Article: Too much of a good thing: the macroeconomic effects of taxing capital inflows (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13234

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