01663cas a2200241 a 4500 AALejournalIMF000922 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451941319 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Capital Mobility in Developing Countries : M386Some Empirical Tests. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (16 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The degree of capital mobility in developing economies is seldom estimated, even though it is widely recognized to be an important element in determining the effects of stabilization policies. Instead, an economy is assumed to be open or closed mainly on grounds of analytical convenience. This paper develops a simple approach to modelling and measuring the degree of financial openness which is applicable to developing economies. Empirical estimation using data from a large number of developing countries suggests that the effective degree of capital mobility in such economies may be higher than is commonly assumed. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/117 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/117/001.1990.issue-117-en.xml IMF e-Library