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  • Ilan Goldfajn and André Minella, Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences (University of Chicago Press, 2007), chap. 8, https://www.nber.org/books-and-chapters/capital-controls-and-capital-flows-emerging-economies-policies-practices-and-consequences/capital-flows-and-controls-brazil-what-have-we-learned.

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This paper analyzes the relationship between capital account liberalization and macroeconomic volatility using Brazil...

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