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De facto financial openness and capital mobility

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  • Younas, Javed

Abstract

This paper shows that de facto financial openness does (does not) increase capital mobility in developing (developed) countries and that capital is (is not) freely mobile in the most financially open developing (developed) countries.

Suggested Citation

  • Younas, Javed, 2011. "De facto financial openness and capital mobility," Economics Letters, Elsevier, vol. 112(1), pages 60-62, July.
    • Handle: RePEc:eee:ecolet:v:112:y:2011:i:1:p:60-62
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    1. Maurice Obstfeld & Kenneth S. Rogoff, 2000. "Perspectives on OECD economic integration : implications for U.S. current account adjustment," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 169-208.
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    9. Javed Younas & Debasish Chakraborty, 2011. "Globalization and the Feldstein-Horioka puzzle," Applied Economics, Taylor & Francis Journals, vol. 43(16), pages 2089-2096.
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    12. Javed Younas & Boaz Nandwa, 2010. "Financial openness and capital mobility: a dynamic panel analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 24(2), pages 239-246.
    13. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
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    Cited by:

    1. Fu, Dahai & Cao, Li, 2020. "How do capital controls affect international trade?," Economics Letters, Elsevier, vol. 186(C).
    2. Younas, Javed, 2015. "Terrorism, openness and the Feldstein–Horioka paradox," European Journal of Political Economy, Elsevier, vol. 38(C), pages 1-11.

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