Capital controls, policy measures used
by governments to regulate cross-country financial flows,
have become standard policy options in many emerging market
economies. This paper will focus on what capital controls
reveal about the state of the economy and the implications
of such revelation for policy efficacy. Using a small open
economy model with a collateral constraint and overborrowing
relative to the social optimum, this paper incorporates...
انظر المزيد
تفاصيل
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2020/7/30
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ورقة عمل خاصة ببحوث السياسات
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WPS9343
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1
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1
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2020/7/30
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Disclosed
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The Information Content of Capital Controls
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capital control; real exchange rate depreciation; marginal rate of substitution
تنزيل الملفات
تقرير كامل
نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)
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