Yeyati, Eduardo Levy; Schmukler, Sergio L.; Van Horen, … - Economics Research, World Bank Group - 2008
This paper analyzes the effects of capital controls and crises on international financial integration, using data on … and crises affect integration. The paper shows that, contrary to the common perception that capital controls can be easily … international ones induced by capital controls. Crises affect financial integration by generating more volatility in the cross …