Capital Account Liberalization and Inequality /

This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequality and reduce the labor share of income in the short and medium term. We also find...

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Бібліографічні деталі
Автор: Furceri, Davide
Інші автори: Loungani, Prakash
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2015.
Серія:IMF Working Papers; Working Paper ; No. 2015/243
Онлайн доступ:Full text available on IMF