International Liquidity Illusion: On the Risks of Sterilization
收藏NBER2001-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8141
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资源简介：
During the booms that precede crises in emerging economies, policymakers often struggle to limit capital flows and their expansionary consequences. The main policy tool for this task is a sterilization of capital inflows - essentially a swap of international reserves for public bonds. Despite its
提供机构：
美国国家经济研究局
创建时间：
2001-02-01
