Lee, Junyong; Lee, Kyounghun; Oh, Frederick Dongchuhl - In: KDI Journal of Economic Policy 45 (2023) 4, pp. 1-22
We review the literature on the effectiveness of capital controls and macroprudential measures. First, we explain the purposes and examples of capital controls and macroprudential policies. We then analyze various theoretical models and empirical findings from prior studies that investigate the...
