Exchange Rates and Domestic Credit-Can Macroprudential Policy Reduce the Link? /
This paper examines empirically the role of macroprudential policy in addressing the effects of external shocks on financial stability. In a sample of 62 economies over the period of 2000: Q1-2016: Q4, our dynamic panel regressions show that an appreciation of the local exchange rate is associated w...
Auteur principal: | |
---|---|
Autres auteurs: | , |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2020.
|
Collection: | IMF Working Papers; Working Paper ;
No. 2020/187 |
Accès en ligne: | Full text available on IMF |