One Shock, Many Policy Responses /

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 debate, as does the motivation for using them. In this paper, quantile local projections are used to estimate the entire distribution of futu...

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Bibliographic Details
Main Author: Mano, Rui
Other Authors: Sgherri, Silvia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/010
Online Access:Full text available on IMF