Foreign exchange based macro-pru policies cut capital inflows – DNB paper
Data from 83 countries shows formal capital controls do not effectively reduce inflows – researchers
Foreign exchange-based macro-prudential policies reduce capital inflows while formal capital controls do not, a working paper published by the Netherlands Bank finds.
In The effectiveness of macroprudential policies and capital controls against volatile capital inflows, Jon Frost, Hiro Ito and René van Stralen look at data from 83 countries from 2000 to 2017.
The authors look at the differing effects of macro-prudential policies and capital controls. They distinguish between macro-prudential
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