survey of academic literature on controls over international capital transactions Michael P. Dooley. by Dooley, Michael P.

Cover of: survey of academic literature on controls over international capital transactions | Dooley, Michael P.

Published by National Bureau of Economic Research in Cambridge, Mass .

Written in English

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Subjects:

  • Capital movements.,
  • Capital market.

Edition Notes

Book details

SeriesNBER working paper series -- no.5352
ContributionsNational Bureau of Economic Research.
The Physical Object
Pagination47p. ;
Number of Pages47
ID Numbers
Open LibraryOL17406849M

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Survey of academic literature on controls over international capital transactions. Cambridge, MA: National Bureau of Economic Research, © (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Michael P Dooley; National Bureau of Economic Research.

Get this from a library. A Survey of Academic Literatureon Controls Over International Capital Transactions. [Michael P Dooley; International Monetary Fund.] -- The IMF Working Papers series is designed to make IMF staff research available to a wide audience.

Almost Working Papers are released each year, covering a wide range of theoretical and. A Survey of Academic Literatureon Controls Over International Capital Transactions. Author/Editor: Michael P.

Dooley. Publication Date: November 1, Cited by: 6. "A Survey of Academic Literature on Controls over International Capital Transactions," NBER Working PapersNational Bureau of Economic Research, Inc.

More about this item Keywords. A Survey of Academic Literatureon Controls Over International Capital Transactions Article (PDF Available) in IMF Working Papers 95() December with 43 Reads How we measure 'reads'.

A Survey of Academic Literature on Controls over International Capital Transactions Michael P. Dooley. NBER Working Paper No. Issued in November NBER Program(s):International Finance and Macroeconomics.

This paper reviews recent theoretical and empirical work on controls over international capital movements. A Survey of Academic Literature on Controls over International Capital Transactions. By Michael P. Dooley. Get PDF ( KB) Abstract. This paper reviews recent theoretical and empirical work on controls over international capital movements.

Theoretical contributions reviewed focus on 'second best' arguments for capital market restrictions as. Downloadable (with restrictions).

This paper reviews recent theoretical and empirical work on controls over international capital movements. Theoretical contributions reviewed focus on "second-best" arguments for capital market restrictions, as well as arguments based on multiple equilibria.

The empirical literature suggests that controls have been "effective" in the narrow sense of. This paper reviews recent theoretical and empirical work on controls over international capital movements.

Theoretical contributions reviewed focus on “second-best” arguments for capital market restrictions, as well as arguments based on multiple equilibria. The empirical literature suggests that controls have been “effective” in the narrow sense of influencing yield differentials.

on capital account liberalization, the use of capital controls as an instrument of managing capital inflows, and the effectiveness and limitations of conventional macroeconomic and structural instruments.

Although the literature is still evolving, it provides little practical guidance on capital. “ A Survey of Academic Literature on Controls over International Capital Transactions.” Cambridge: National Bureau of Economic Research Working Paper # Dornbusch.

The relatively recent resumption of large international capital flows and the Asian crisis have revived interest in capital controls - taxes or restrictions on international transactions in assets. The Control and Management of International Capital Flows: A Review of the Literature Alistair Milne, Loughborough University1 July Abstract This paper reviews the large research and policy literature on international capital flows and the costs and benefits of policy measures to control.

Abstract. The extensive literature on capital controls and capital account liberalization in emerging market economies generally identifies two types of capital controls: first, targeted measures aimed at slowing the pace of short-term portfolio inflows and outflows; and second, pervasive restrictions on a broader range of external capital transactions.

transaction. Capital Controls to Limit Short-Term Inflows Brazil (–97), Chile (–98), Colombia (–98), Malaysia (), and Thailand (–97) survey of academic literature on controls over international capital transactions book all used capital controls to limit short-term capital inflows.

Short-term capital flows, though typically seen as less risky from the perspec-tive of individual banks and other. Capital Investment Decisions: An Overview Capital investment decisions are the responsibility of managers of investment centers (see Chapter 12).

The analysis of capital investment decisions is a major topic in corporate finance courses, so we do not discuss these issues and.

How can organizations remain distinctly human in a technology-driven world. This year’s Global Human Capital Trends report calls upon organizations to embrace three attributes—purpose, potential, and perspective—that characterize what it means to fuse people and technology to perform as a social enterprise at work.

transaction costs. In emerging to ameliorate market frictions, financial arrangements change the incentives and constraints facing economic agents. Thus, financial systems may influence saving rates, investment decisions, technological innovation, and hence long-run growth rates.

A comparatively less well-developed theoretical literature ex. Money or capital invested for purposes of receiving a profitable return over a period of time of more than one year.

Long-term investments should be distinguished from temporary investments based on the intention of the organization regarding the terms of the investment rather than the nature of the investment itself.

Findings of the recent literature on international capital flows: implications and suggestions for further research Financial globalisation has given international capital flows a central role in the functioning of the global economy and has therefore led to considerable economic research over the.

A more practice-based focus is given by the literature on internal control. Internal control is a term that auditors have long applied to the sets of controls that are designed to prevent or to detect errors and irregularities, particularly in the recording of transactions that could cause financial statements to be materially misstated.

Over. Moreover, in addition to the IMF's exchange restrictions measures, the Quinn () index of financial openness is used as a measure of capital controls. The econometric results suggest that the rate of financial development, as measured by private credit creation and stock market activity is linked to the existence of capital controls.

Of all the data on U.S. international economic transactions, capital flow statistics are the most subject to errors and gh the United States collects as much detailed data on its capital flows as any country in the world, the explosion in direct and portfolio investments across U.S.

national boundaries in the s outpaced improvements in the statistical system that monitors them. The questionnaire is the main instrument for collecting data in survey research. Basically, it is a set of standardized questions, often called items, which follow a fixed scheme in order to collect individual data about one or more specific mes questionnaires are confused with interviews.

This paper seeks to fill that gap. In a survey of 79 private equity firms managing more than $ billion in capital, we provide granular information on PE managers’ practices in determining capital structure, valuing transactions, sourcing deals, governance and operational engineering.

Section of the Sarbanes-Oxley Act of (SOX) mandates reporting on the effectiveness of internal control over financial reporting (ICFR) by public company management and auditors. Such reporting began for fiscal years ended for accelerated filers and is scheduled to be fully implemented for non-accelerated filers in mid Section (a) of SOX requires public company.

Obstfeld M, Taylor A () The great depression as a watershed: international capital mobility over the long run. In: D M, Bordo CG, and Eugene N White, editors. The Defining Moment: The Great Depression and the American Economy in the Twentieth Century. Chicago and London: University of Chicago Press: NBER Project Report series.

– This book includes a wide range of topics that deals with international accounting standards, regulations, and financial reporting. The book is a timely collection of several original research papers written by well-known authors and experts in the field from countries around the globe on very important and emerging issues in international accounting.

International Transactions in Operational Research will consider for review articles previously available as preprints. Authors may also post the submitted version of a manuscript to a preprint server at any time.

Literature Citations. Sample of book reference: Belton, V., Stewart, T.J., Internal control systems, working capital management and financial performance of supermarkets Frank Kabuye1*, Joachim Kato2, Irene Akugizibwe1 and Nicholas Bugambiro1 Abstract: The purpose of this paper is to examine the contribution made by the internal control systems and working capital management on financial perfor-mance of supermarkets.

The sample covers o investments in funds’ portfolio companies (in buyout and venture capital); moreover, the coverage is expected to grow through a phased release process. The paper describes preliminary findings on sample characteristics and offers a high-level view on aspects of performance in hopes of inspiring additional research.

the international fl ow of capital exactly when this fl ow is crucial to ensure cross-border risk sharing. Our fi ndings point to the possibility of costly “capital control wars” and thus to signifi cant gains from international policy coordination. Key words: capital controls, welfare, international asset markets.

II REVIEW OF LITERATURE A. Nature of Small and Medium Scale Businesses In recent years, as part of the economic reforms in Nigeria, there has been a switch of emphasis from the grandiose capital intensive, large-scale industrial projects to small/medium scale enterprises with immense.

Academic publishing is the subfield of publishing which distributes academic research and scholarship. Most academic work is published in academic journal article, book or thesis form.

The part of academic written output that is not formally published but merely printed up or posted on the Internet is often called "grey literature".Most scientific and scholarly journals, and many academic and.

is a platform for academics to share research papers. We assess whether capital controls effectively insulate countries from U.S. monetary shocks, examining a large range of country experiences in a unified estimation framework.

We estimate the effect of identified U.S. monetary shocks on the exchange rate and foreign country interest rates, and test whether countries with less open capital.

In such situations, the entity needs to ensure that the service organization has adequate controls over processing the transactions. In the final analysis, maintaining the internal control environment and related control procedures is an integral part of management's responsibilities.

LITERATURE RELATED TO RESEARCH WORK: Foreign Studies. The issue of efficiency in financial institutions has been the subject of considerable examination. Berger and others provide a survey of the research on scale and scope economies, X-inefficiency in banking (whichdescribes all allocative and technical.

The right of governments to employ capital controls has always been the official orthodoxy of the International Monetary Fund, and the organization’s formal rules providing this right have not changed significantly since the IMF was founded in But informally, among the staff inside the IMF, these controls became heresy in the s and s, prompting critics to accuse the IMF of.

Obstfeld M, Taylor A () The great depression as a watershed: international capital mobility over the long run. In: D M, Bordo CG, and Eugene N White, editors.

The Defining Moment: The Great Depression and the American Economy in the Twentieth Century. Chicago and London: University of Chicago Press: NBER Project Report series. – 5. The academic literature has long documented the importance of the independence and expertise of audit committees. For example, studies using data prior to the Sarbanes-Oxley Act of found better internal control, financial reporting quality, and audit quality for companies with more independent audit committees.Financialization (or Financialisation in British English) is a term sometimes used to describe the development of financial capitalism during the period from to present, in which debt-to-equity ratios increased and financial services accounted for an increasing share of national income relative to other sectors.

Financialization describes an economic process by which exchange is.Further guidance for conducting internal control reviews is covered under: • DAOInternal Management Control Systems, “Internal Management Control Systems"; • Cash Management Handbook, Appendix H, “Delegation of Authority”; and Accounting Principles and Standards Handbook, Chapter 6, “Cash Held Outside of Treasury”.

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