Capital Controls or Macroprudential Regulation? /

International capital flows can create significant financial instability in emerging economies because of pecuniary externalities associated with exchange rate movements. Does this make it optimal to impose capital controls or should policymakers rely on domestic macroprudential regulation? This pap...

Descripció completa

Dades bibliogràfiques
Autor principal: Korinek, Anton
Altres autors: Sandri, Damiano
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2015.
Col·lecció:IMF Working Papers; Working Paper ; No. 2015/218
Accés en línia:Full text available on IMF