Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10009423920
latter are more sensitive to global factors and contagion …
Persistent link: https://www.econbiz.de/10014396992
Persistent link: https://www.econbiz.de/10010389488
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...
Persistent link: https://www.econbiz.de/10011671113
This paper examines the claim that exchange rate regimes are of little salience in the transmission of global financial conditions to domestic financial and macroeconomic conditions by focusing on a sample of about 40 emerging market countries over 1986-2013. Our findings show that exchange rate...
Persistent link: https://www.econbiz.de/10011704639
This paper revisits the bipolar prescription for exchange rate regime choice and asks two questions: are the poles of hard pegs and pure floats still safer than the middle? And where to draw the line between safe floats and risky intermediate regimes? Our findings, based on a sample of 50 EMEs...
Persistent link: https://www.econbiz.de/10014394322