Capital account liberalization and unemployment in industrial countries created by Horst Feldmann
Material type:
- text
- unmediated
- volume
- 13504851
- HB1.A666 APP
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Item type | Current library | Call number | Vol info | Copy number | Status | Notes | Date due | Barcode | |
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Main Library - Special Collections | HB1.A666 APP (Browse shelf(Opens below)) | Vol. 20, no. 5 (pages 572-580) | SP17976 | Not for loan | For In House Use Only |
Using data on 21 industrial countries over 1973 to 2005, this article finds that the liberalization of capital accounts implemented during this period has probably reduced unemployment. The magnitude of the estimated effect is substantial. We control for both endogeneity of capital account regulation and all major determinants of unemployment. The results are robust to variations in specification.
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