Leaning Against the Wind : A Cost-Benefit Analysis for an Integrated Policy Framework /

This paper takes a new approach to assess the costs and benefits of using different policy tools-macroprudential, monetary, foreign exchange interventions, and capital flow management-in response to changes in financial conditions. The approach evaluates net benefits of policies using quadratic loss...

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Detalhes bibliográficos
Autor principal: Brandao-Marques, Luis
Outros Autores: Gelos, R., Narita, Machiko, Nier, Erlend
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2020.
Colecção:IMF Working Papers; Working Paper ; No. 2020/123
Acesso em linha:Full text available on IMF