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ARTÍCULO
TITULO

EXTENDED MEASURES OF RESTRICTIONS TO CAPITAL ACCOUNT TRANSACTIONS

Jorge Selaive    

Resumen

In this work we extend a De Jure measure of capital account restrictions, previouslyassembled by Miniane (2004) for 34 economies, to a set of 181 countries forthe period 1996-2005. Additionally, having in mind the pitfalls of this indicator,we propose two new measures. The first excludes prudential regulation and the second weights the indicator by a proxy of enforcement. This group of indicatorsallows academics and policymakers to evaluate and analyze the restrictions tocapital account transactions for a large group of economies.

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