Series: IMF Working Papers
Author(s): Atish Ghosh , Mahvash Qureshi , and Naotaka Sugawara
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 October 2014
Keywords: cross-boder bank flows, prudential measures, bond, capital inflow, International Policy Coordination and Transmission,
This paper examines whether cross-border capital flows can be regulated by imposing capital account restrictions (CARs) in both source and recipient countries, as was originally advocated by John Maynard Keynes and...