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Are capital inflows expansionary or contractionary? : theory, policy implications, and some evidence

Blanchard, Olivier; Ostry, Jonathan David; Ghosh, Atish R. - 2015

Persistent link: https://www.econbiz.de/10011415343

Are capital inflows expansionary or contractionary? : theory, policy implications, and some evidence

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Persistent link: https://www.econbiz.de/10011529052

Are capital inflows expansionary or contractionary? : theory, policy implications, and some evidence

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Persistent link: https://www.econbiz.de/10011399220

For a few dollars more : reserves and growth in times of crises

Bussière, Matthieu; Cheng, Gong; Chinn, Menzie David; … - 2015

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Are capital inflows expansionary or contractionary? : theory, policy implications, and some evidence

Blanchard, Olivier; Ostry, Jonathan David; Ghosh, Atish R. - In: IMF economic review 65 (2017) 3, pp. 563-585

Persistent link: https://www.econbiz.de/10011813278

For a few dollars more : reserves and growth in times of crises

Bussière, Matthieu; Cheng, Gong; Chinn, Menzie David; … - In: Journal of international money and finance 52 (2015), pp. 127-145

Persistent link: https://www.econbiz.de/10011490909

For a few dollars more : reserves and growth in times of crises

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The international lender of last resort : how large is large enough?

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Financial openness and growth : short-run gain, long-run pain?

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Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

Blanchard, Olivier - 2015

The workhorse open-economy macro model suggests that capital inflows are contractionary because they appreciate the currency and reduce net exports. Emerging market policy makers however believe that inflows lead to credit booms and rising output, and the evidence appears to go their way. To...

Persistent link: https://www.econbiz.de/10012418076