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Capital Controls as Macro-prudential Policy in a Large Open Economy

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NBER2019-04-01 更新2025-01-04 收录
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The use of international capital flow controls has become increasingly popular in academic and policy circles. But almost all the recent literature studies the case of a small economy, ignoring the spillover effects of capital controls to the rest of the world. This paper re-examines the case for

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2019-04-01
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