Eugenia Andreasen's Books

Using a panel data set for international corporate bonds and capital account restrictions in advanced and emerging economies, we show that restrictions on capital inflows produce a substantial and economically meaningful increase in corporate bond spreads. A number of heterogeneities suggest that the effect of capital controls on inflows is particularly strong for more financially constrained firms, establishing a novel channel through which capital controls affect economic outcomes. By contrast, we do not find a robust significant effect of restrictions on outflows.

Book's by Eugenia Andreasen

Capital Controls and the Cost of Debt

Capital Controls and the Cost of Debt

Capital Controls and the Cost of Debt

Capital Controls and the Cost of Debt

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