Related Books
Language: en
Pages: 12
Pages: 12
Type: BOOK - Published: 2018 - Publisher:
In Caballero and Simsek (2018), we develop a model of fickle capital flows and show that, when countries are similar, international flows create global liquidit
Language: en
Pages: 73
Pages: 73
Type: BOOK - Published: 2016 - Publisher:
Abstract: Gross capital flows are very large and highly cyclical. They are a central aspect of global liquidity creation and destruction. They also exhibit rich
Language: en
Pages: 465
Pages: 465
Type: BOOK - Published: 2010-01-01 - Publisher: Edward Elgar Publishing
Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 2019-12-20 - Publisher: International Monetary Fund
The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical p
Language: en
Pages: 49
Pages: 49
Type: BOOK - Published: 2014-07-21 - Publisher: International Monetary Fund
We investigate the role of macroprudential policies in mitigating liquidity traps driven by deleveraging, using a simple Keynesian model. When constrained agent