Capital Controls or Macroprudential Regulation?
收藏NBER2015-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20805
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资源简介：
We examine the effectiveness of capital controls versus macroprudential regulation in reducing financial fragility in a small open economy model in which there is excessive borrowing because of externalities associated with financial crises and contractionary exchange rate depreciations. We find
提供机构：
美国国家经济研究局
创建时间：
2015-01-01
