NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Are Capital Controls Prudential? An Empirical Investigation

Andrés Fernández, Alessandro Rebucci, Martín Uribe

NBER Working Paper No. 19671
Issued in November 2013

---- Acknowledgments ----

We benefited from conversations with Michael Klein, Hernán Rincón, and Stephanie Schmitt-Grohé. We thank Martin Schindler and Dennis Quinn for sharing their data. Luca Mazzone and Umberto Muratori provided excellent research assistance. The information and opinions presented are entirely those of the authors, and express or imply no endorsement by the Inter-American Development Bank, its Board of Executive Directors, or the countries they represent. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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