Series: IMF Working Papers
Author(s): Atish Ghosh , Jonathan Ostry , and Mahvash Qureshi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 March 2017
Keywords: Central banks and their policies, capital flows; policy toolkit; capital controls; emerging market economies, capital flows, policy toolkit, capital controls, emerging market economies
This paper examines whether-and how-emerging market economies (EMEs) respond to capital flows to mitigate their untoward consequences. Based on a sample of about 50 EMEs over 2005Q1-2013Q4, we find that EME policy...