Exchange Rate Flexibility and Credit during Capital Inflow Reversals : Purgatory ... not Paradise /

We document the behavior of macro and credit variables during episodes of capital inflows reversals in economies with different degrees of exchange rate flexibility. We find that exchange rate flexibility is associated with milder credit growth during the boom but, even though smaller than in more r...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Magud, Nicolas
مؤلفون آخرون: Vesperoni, Esteban
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Working Papers; Working Paper ; No. 2014/061
الوصول للمادة أونلاين:Full text available on IMF