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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Bibliografiske detaljer
Hovedforfatter: Ghosh, Atish
Andre forfattere: Ostry, Jonathan, Qureshi, Mahvash
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Working Papers; Working Paper ; No. 2017/069
Online adgang:Full text available on IMF