en English is Íslenska

Thesis Reykjavík University > Viðskiptadeild > MBA / MSc verkefni >

Please use this identifier to cite or link to this item: http://hdl.handle.net/1946/17260

Title: 
  • Title is in Icelandic Virkni gjaldeyrishaftanna
Submitted: 
  • January 2014
Abstract: 
  • Abstract is in Icelandic

    Meistararitgerð þessi fjallar um virkni og hugsanlegar afleiðingar afnáms gjaldeyrishaftanna. Til þess að mæla virkni þeirra voru sex megin þættir skoðaðir þ.e. fjármagnsflæði, samsetning fjármagnsflæðis, gengisstöðugleiki, raungengisþrýstingur, sjálfstæði peningastefnu og traust. Fyrst var þróun þessara þátta fyrir og eftir hrun skoðuð og hún svo borin saman við þróun sömu þátta í öðrum löndum sem innleitt hafa gjaldeyrishöft. Niðurstöðurnar leiddu í ljós að íslensku gjaldeyrishöftin skiluðu auknum gengisstöðugleika, trausti og sjálfstæði í peningastefnu ásamt því að breyta samsetningu fjármagnsflæðis og minnka útflæði fjármagns eftir að glufum hafði verið lokað.
    Lykilorð: Gjaldeyrishöft, virkni, samanburður, reynsla, afnám

  • This master thesis covers reasearch on effectiveness of the capital controls in Iceland and the possible impact on Iceland upon there removal. In order to measure the effectiveness of the capital controls, six major aspects were examined i.e. capital flows, composition of capital flows, exchange rate stability, exchange rate pressure, monetary independence and trust. After looking at the development of these factors before and after the imposition of the capital controls the results were compared to developments in other countries that have imposed capital controls. The results indicated that the Icelandic capital controls were effective in increasing exchange rate stability, trust and monetary independence as well as changing the composition of capital flows and reducing outflows after loopholes had been closed.
    Keywords: Capital controls, effectiveness, comparison, experience, liberalization

Accepted: 
  • Jan 30, 2014
URI: 
  • http://hdl.handle.net/1946/17260


Files in This Item:
Filename Size VisibilityDescriptionFormat 
MIB0114_Thesis_Hjörtur_Vestfjörð_VirkniGjaldeyrishaftanna.pdf2.76 MBOpenHeildartextiPDFView/Open