Capital Flows, Financial Intermediation and Macroprudential Policies /
This paper develops an open-economy DSGE model with an optimizing banking sector to assess the role of capital flows, macro-financial linkages, and macroprudential policies in emerging Asia. The key result is that macro-prudential measures can usefully complement monetary policy. Countercyclical mac...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2014/157 |
| Accés en línia: | Full text available on IMF |