The Prudential Use of Capital Controls and Foreign Currency Reserves
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https://www.nber.org/papers/w29476
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资源简介:
We provide a simple framework to study the prudential use of capital controls and currency reserves that have been explored in the recent literature. We cover the role of both pecuniary externalities and aggregate demand externalities. The model features a central policy dilemma for emerging
提供机构:
美国国家经济研究局
创建时间:
2021-11-01



