Principal Investigator(s): Rector, Chad, George Washington University; Kastner, Scott L., University of Maryland
This collection measures capital control policy changes using the International Monetary Fund's (IMF) yearly summary of each member state's financial regulations. In the country reports each year, the IMF describes and dates all significant changes in each state's regulations on trade, payments, and capital movement policies. The IMF's written descriptions for each reported change in each country were converted into a set of numeric variables. The survey covered 19 parliamentary democracies that have been continuously democratic since 1951, the first year for which the IMF reported regulatory changes. Since this collection focuses on investment capital, it does not include regulatory changes relating to tourist allocations or payments for services. The date of each regulatory change is included as well as dummy variables which measure whether the change, based on IMF descriptions, was restricting or liberalizing.
Rector, Chad, and Scott L. Kastner. CAPITAL CONTROL POLICY CHANGES, 1951-1998. ICPSR release. San Diego, CA: University of California at San Diego [producer], 1999. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2004. doi:10.3886/ICPSR03932.v1
Persistent URL: http://doi.org/10.3886/ICPSR03932.v1
Scope of Study
Smallest Geographic Unit: nation
Geographic Coverage: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Sweden, Switzerland, United Kingdom, Global
Date of Collection:
Unit of Observation: Events reporting capital control policy changes
Universe: Nineteen countries from the Organization for Economic Cooperation and Development including Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Israel, Italy, Japan, The Netherlands, New Zealand, Norway, Sweden, Switzerland, and the United Kingdom.
Data Types: event/transaction data
Data Collection Notes:
The codebook is provided by ICPSR as a Portable Document Format (PDF) file. The PDF file format was developed by Adobe Systems Incorporated and can be accessed using PDF reader software, such as the Adobe Acrobat Reader. Information on how to obtain a copy of the Acrobat Reader is provided on the ICPSR Web site.
International Monetary Fund's Annual Report on Exchange Arrangements and Exchange Restrictions
- Checked for undocumented or out-of-range codes.
Original ICPSR Release: 2004-04-28
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