## Capital Control Measures: A New Dataset

_IMF Working Papers, April 22, 2015_

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**Canonical URL:** [Capital Control Measures: A New Dataset](https://www.imf.org/en/publications/wp/issues/2016/12/31/capital-control-measures-a-new-dataset-42867)

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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

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### 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

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/capital-control-measures-a-new-dataset-42867_