Related Books
Language: en
Pages: 2040
Pages: 2040
Type: BOOK - Published: 2023 - Publisher: International Monetary Fund
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 2020-06-19 - Publisher: International Monetary Fund
We study the optimal management of capital flows in a small open economy model with financial frictions and multiple policy instruments. The paper reports two m
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 2019-12-20 - Publisher: International Monetary Fund
The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical p
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 2020-01-17 - Publisher: International Monetary Fund
Policymakers have relied on a wide range of policy tools to cope with capital flow shocks. And yet, the effects and interaction of these policies remain under d
Language: en
Pages: 36
Pages: 36
Type: BOOK - Published: 2008 - Publisher: International Monetary Fund
This paper uses a general equilibrium model to examine the central role played by commercial banks in intermediating and amplifying the capital flow shocks to t