Capital account liberalization and inequality /

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Bibliographic Details
Author / Creator:	Furceri, Davide, (IMF staff), author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2015.
Description:	1 online resource (26 pages) : color illustrations.
Language:	English
Series:	IMF working paper, 1018-5941 ; WP/15/243 IMF working paper ; WP/15/243.
Subject:	Capital movements -- Econometric models. Capital movements -- Government policy -- Econometric models. Equality -- Econometric models. Capital movements -- Econometric models. Equality -- Econometric models.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12505597

Hidden Bibliographic Details
Other authors / contributors:	Loungani, Prakash, (IMF staff), author. International Monetary Fund. Research Department.
ISBN:	1513531085 9781513531083
Notes:	"November 2015." "Research Department." Includes bibliographical references (pages 16-18). Online resource; title from pdf title page (IMF.org Web site, viewed November 24, 2015).
Summary:	This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also find that the level of financial development and the occurrence of crises play a key role in shaping the response of inequality to capital account liberalization reforms. --Abstract.
Standard no.:	10.5089/9781513531083.001

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