Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls
NBER Working Paper No. 18052
---- Acknowledgements -----
The authors would like to thank Giovanni Dell’Ariccia, Marcos Chamon, Rex Ghosh, Anton Korinek, Iikka Korhonen, Helen Popper, Eswar Prasad, and seminar participants at the 2012 AEA Annual meetings, the Hong Kong Monetary Authority, the International Monetary Fund, Mainz University, Tilburg University and Tufts for helpful comments and suggestions. The authors would also like to thank all of the investors that spent considerable amounts of time being interviewed to provide background information for this paper. Further thanks to Apolline Menut at MIT for research assistance. The views expressed in this paper are those of the authors and do not necessarily reflect those of the ECB, the Eurosystem, or the National Bureau of Economic Research.