Work

Effects of China’s capital controls on individual asset categories

Year: 2022

Type: article

Abstract: We empirically assess the effects of China’s capital controls on individual asset categories by using the local projection method. Our results show stark differences among individual asset categories. Capital controls on equity and financial credits affect the corresponding net inflows significantly, whereas those on the other three asset categories (bonds, commercial credits, and direct investment) do not.

Source: Finance research letters

DOI: 10.1016/j.frl.2022.103032

Authors: Shigeto Kitano, Yang Zhou

Institution: Kobe University

Language: English

Topic: Global Financial Crisis and Policies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $2,270

Funders: Japan Society for the Promotion of Science London, Japan Society for the Promotion of Science