International Capital Flow Pressures /

This paper presents a new measure of capital flow pressures in the form of a recast Exchange Market Pressure index. The measure captures pressures that materialize in actual international capital flows as well as pressures that result in exchange rate adjustments. The formulation is theory-based, re...

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Bibliographic Details
Main Author: Goldberg, Linda
Other Authors: Krogstrup, Signe
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/030
Online Access:Full text available on IMF