Capital Controls or Macroprudential Regulation? /
International capital flows can create significant financial instability in emerging economies because of pecuniary externalities associated with exchange rate movements. Does this make it optimal to impose capital controls or should policymakers rely on domestic macroprudential regulation? This pap...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2015/218 |
| Accès en ligne: | Full text available on IMF |