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Flight Capital as a Portfolio Choice

Flight Capital as a Portfolio Choice »

Source: Flight Capital as a Portfolio Choice

Volume/Issue: 1999/171

Series: IMF Working Papers

Author(s): Anke Hoeffler , Catherine Pattillo , and Paul Collier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

ISBN: 9781451858488

Keywords: Capital flight, portfolio choice, debt, domestic investment, foreign debt, interest

This paper sets flight capital in the context of portfolio choice, focusing upon the proportion of private wealth that is held abroad. There are large regional differences in this proportion, ranging from 5 percent...

Flight Capital as a Portfolio Choice

Flight Capital as a Portfolio Choice »

Volume/Issue: 1999/171

Series: IMF Working Papers

Author(s): Anke Hoeffler , Catherine Pattillo , and Paul Collier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

DOI: http://dx.doi.org/10.5089/9781451858488.001

ISBN: 9781451858488

Keywords: Capital flight, portfolio choice, debt, domestic investment, foreign debt, interest

This paper sets flight capital in the context of portfolio choice, focusing upon the proportion of private wealth that is held abroad. There are large regional differences in this proportion, ranging from 5 percent...