Capital flight and the uncertainty of government policies

N. Hermes; R. Lensink

Capital flight and the uncertainty of government policies

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This paper shows that policy uncertainty, measured by the uncertainty of budget deficits, tax payments, government consumption and the inflation rate, has a statistically significant positive impact on capital flight. This result remains robust after having applied stability tests.

Originele taal-2	English
Uitgever	s.n.
Aantal pagina's	18
Status	Published - 2000

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Capital flight and the uncertainty of government policies

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