Preemptive Policies and Risk-Off Shocks in Emerging Markets /
We show that "preemptive" capital flow management measures (CFM) can reduce emerging markets and developing countries' (EMDE) external finance premia during risk-off shocks, especially for vulnerable countries. Using a panel dataset of 56 EMDEs during 1996-2020 at monthly frequency, w...
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Outros Autores: | , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2022.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2022/003 |
Assuntos: | |
Acesso em linha: | Full text available on IMF |