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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Das, Mitali
מחברים אחרים: Gopinath, Gita, Kalemli-Ozcan, Azebnem
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2022.
סדרה:IMF Working Papers; Working Paper ; No. 2022/003
נושאים:
גישה מקוונת:Full text available on IMF