Capital Account Controls, Bank?s Efficiency, Growth and Macroeconomic Volatility in the FLAR?s Member Countries

Borradores de Economia
Number: 
364
Published: 
Classification JEL: 
F32, F33, F36, F41, G14, G18, G21, C51, C52
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

This paper evaluates the effects of capital account controls adopted in the past years by the FLAR’s member countries (Bolivia, Colombia, Costa Rica, Ecuador, Perú and Venezuela) on the efficiency of the banking sector, the economic growth and the volatil