Capital Control Measures: A New Dataset
IMF Working Papers, April 22, 2015
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- Canonical URL
- Capital Control Measures: A New Dataset
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Bibliographic details
- Authors: Andrés Fernández, Michael W Klein, Alessandro Rebucci, Martin Schindler, Martin Uribe
- Published: April 22, 2015
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484332177.001
Overview
- Title: Capital Control Measures: A New Dataset
- Authors: Andrés Fernández, Michael W Klein, Alessandro Rebucci, Martin Schindler, Martin Uribe
- Date: April 22, 2015
- Format: IMF Working Papers
- Summary of content:
- Presents a new dataset of capital control restrictions on both inflows and outflows.
- Covers 10 categories of assets for 100 countries over the period 1995 to 2013.
- Builds on Schindler (2009) and other datasets based on the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER).
- Includes additional asset categories, more countries, and a longer time period.
- Discusses dataset construction and characterizes data with respect to prevalence and correlation of controls, aggregation into broader indicators, and comparison with other capital control indicators.
Dataset construction and scope
- Coverage:
- Asset categories covered: 10 categories.
- Country coverage: 100 countries.
- Time period: 1995 to 2013.
- Data sources and lineage:
- Builds on data in Schindler (2009).
- Uses analyses based on the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER).
- Key methodological themes discussed:
- Construction of the dataset.
- Aggregation of separate categories into broader indicators.
- Comparison with other indicators of capital controls.
Key findings and characterizations
- Prevalence and correlation:
- Characterizes the prevalence of controls across asset categories.
- Analyzes correlation of controls across asset categories and between controls on inflows and controls on outflows.
- Aggregation and comparison:
- Describes aggregation procedures to create broader indicators from the 10 disaggregate categories.
- Compares this dataset with other capital control indicators.
Subjects and keywords
- Subjects:
- Balance of payments
- Capital controls
- Capital flows
- Financial derivatives
- Financial institutions
- Foreign direct investment
- National accounts
- Personal income
- Securities
- Keywords:
- Africa
- capital account control
- capital control
- capital control data
- capital control indicator
- capital control indices
- capital control measures
- Capital controls
- capital flows
- costs of capital control
- disaggregate capital control category
- evolution of capital control
- Financial derivatives
- Foreign direct investment
- Global
- inflow control
- international financial integration
- outflow control
- Personal income
- Securities
- transactions control
- WP
Content in this bundle
- _wp1580 - References