Managing the Tide : How Do Emerging Markets Respond to Capital Flows? /

This paper examines whether-and how-emerging market economies (EMEs) respond to capital flows to mitigate their untoward consequences. Based on a sample of about 50 EMEs over 2005Q1-2013Q4, we find that EME policy makers respond proactively to capital inflows by using a combination of policy tools:...

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Autor principal: Ghosh, Atish
Altres autors: Ostry, Jonathan, Qureshi, Mahvash
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2017.
Col·lecció:IMF Working Papers; Working Paper ; No. 2017/069
Accés en línia:Full text available on IMF