Too much of a good thing: The macroeconomic effects of taxing capital inflows
C Reinhart, RT Smith - 1998 - mpra.ub.uni-muenchen.de
1998•mpra.ub.uni-muenchen.de
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.
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.
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.
mpra.ub.uni-muenchen.de