Volume/Issue: 2015/218
Series: IMF Working Papers
Author(s):
Anton Korinek
, and
Damiano Sandri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2015
ISBN: 9781513506463
International capital flows can create significant financial instability in emerging economies
because of pecuniary externalities associated with exchange rate movements. Does this make
it optimal to impose capital...
Volume/Issue: 2015/218
Series: IMF Working Papers
Author(s):
Anton Korinek
, and
Damiano Sandri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2015
DOI: http://dx.doi.org/10.5089/9781513506463.001
ISBN: 9781513506463
International capital flows can create significant financial instability in emerging economies
because of pecuniary externalities associated with exchange rate movements. Does this make
it optimal to impose capital...
Volume/Issue: 2015/159
Series: IMF Working Papers
Author(s):
Olivier Blanchard
,
Gustavo Adler
, and
Irineu de Carvalho Filho
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2015
ISBN: 9781513585840
Many emerging market economies have relied on foreign exchange intervention (FXI) in response to gross capital inflows. In this paper, we study whether FXI has been an effective tool to dampen the effects of these...
Volume/Issue: 2015/159
Series: IMF Working Papers
Author(s):
Olivier Blanchard
,
Gustavo Adler
, and
Irineu de Carvalho Filho
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2015
DOI: http://dx.doi.org/10.5089/9781513585840.001
ISBN: 9781513585840
Many emerging market economies have relied on foreign exchange intervention (FXI) in response to gross capital inflows. In this paper, we study whether FXI has been an effective tool to dampen the effects of these...
Volume/Issue: 2015/127
Series: IMF Working Papers
Author(s):
Eugenio Cerutti
,
Stijn Claessens
, and
Damien Puy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
June
2015
DOI: http://dx.doi.org/10.5089/9781513526638.001
ISBN: 9781513526638
This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs).
We first confirm that aggregate inflows to EMs co-move considerably. We then report three
findings: (i) the aggregate co-m...
Volume/Issue: 2015/127
Series: IMF Working Papers
Author(s):
Eugenio Cerutti
,
Stijn Claessens
, and
Damien Puy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
June
2015
ISBN: 9781513526638
This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs).
We first confirm that aggregate inflows to EMs co-move considerably. We then report three
findings: (i) the aggregate co-m...
Volume/Issue: 2012/265
Series: IMF Working Papers
Author(s):
Sonali Jain-Chandra
, and
Filiz Unsal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
November
2012
ISBN: 9781475525823
The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The...
Volume/Issue: 2012/265
Series: IMF Working Papers
Author(s):
Sonali Jain-Chandra
, and
Filiz Unsal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
November
2012
DOI: http://dx.doi.org/10.5089/9781475525823.001
ISBN: 9781475525823
The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The...
Volume/Issue: 2012/251
Series: IMF Working Papers
Author(s):
Adolfo Barajas
,
Ralph Chami
,
Christian Ebeke
, and
Sampawende Tapsoba
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
October
2012
DOI: http://dx.doi.org/10.5089/9781475535822.001
ISBN: 9781475535822
This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data...
Volume/Issue: 2012/251
Series: IMF Working Papers
Author(s):
Adolfo Barajas
,
Ralph Chami
,
Christian Ebeke
, and
Sampawende Tapsoba
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
October
2012
ISBN: 9781475535822
This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data...