Series: IMF Working Papers
Author(s): Nicolas Magud , and Esteban Vesperoni
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 April 2014
Keywords: reversals, macro-prudential, exchange rate, exchange rate regimes, exchange rate flexibility, flexible exchange rate, exchange rate regime, Open Economy Macroeconomics,
We document the behavior of macro and credit variables during episodes of capital inflows reversals in economies with different degrees of exchange rate flexibility. We find that exchange rate flexibility is associ...