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A new dilemma : capital controls and monetary policy in sudden stop economies

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Optimal policy for macrofinancial stability

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A new dilemma : capital controls and monetary policy in sudden-stop economies

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Capital controls and monetary policy in sudden-stop economies

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Government debt limits and stabilization policy

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A New Dilemma : Capital Controls and Monetary Policy in Sudden-Stop Economies

Devereux, Michael B. - 2016

The dangers of high capital flow volatility and sudden stops have led economists to promote the use of capital controls as an addition to monetary policy in emerging market economies. This paper studies the benefits of capital controls and monetary policy in an open economy with financial...

Persistent link: https://www.econbiz.de/10012997254