Barnett, William A.; Hu, Jingxian - In: Dynamic analysis in complex economic environments : …, (pp. 123-175). 2021
existence of Hopf bifurcation under capital control with fixed exchange rates and current-looking monetary policy. To determine …Will capital controls enhance macroeconomic stability? How will the results be influenced by the exchange rate regime … place, we find that indeterminacy depends upon how the central bank's response to inflation and its response to the output …