Macroprudential Policy in a World of High Capital Mobility: Policy Implications from an Academic Perspective
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The paper explicates the issues raised for macroprudential regulation in a global economy with high capital mobility. The study surveys the recent literature and aims to translate the academic rationale for such policies, in which market imperfections lead to external effects that require policy
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美国国家经济研究局创建时间：
2015-02-01
