Showing 161 - 170 of 105,357
In this paper, I document empirical evidence that an external shock in capital inflows leads to an increase in income …, a capital inflow shock increases primarily the income share of the rich in advanced economies and the poorest half in …
Persistent link: https://www.econbiz.de/10014418019
Pt. 1. The macroeconomics of capital flows to Latin America, experience and policy issues / Michael Gavin, Ricardo Hausmann, and Leonardo Leiderman. Commentary / Michael Bruno ... [et al.]. Conclusion to Part 1 / Jacob Frenkel -- Pt. 2. Achieving stability in Latin American financial markets in...
Persistent link: https://www.econbiz.de/10013552168
This paper examines how countries use Macroprudential Policies (MaPs) to respond to external shocks such as US monetary policy surprises or fluctuations in capital flows. Constructing a model of a small open economy with financial frictions and a MaP authority that adjusts loan to value (LTV)...
Persistent link: https://www.econbiz.de/10014257930
Persistent link: https://www.econbiz.de/10014227284
This book examines how large capital inflows should be managed in a volatile macroeconomic environment. Noted authorities on Latin America balance the lessons of Mexico's peso crisis with the argument that economic liberalization remains a valid long-term strategy
Persistent link: https://www.econbiz.de/10013028730
Persistent link: https://www.econbiz.de/10001857792
Persistent link: https://www.econbiz.de/10001857801
Foreign portfolio flows constitute a key component of economic activity in small open economies such as Colombia. The dynamics of these flows are subject to the influence of both external (push) factors and domestic (pull) factors. Consequently, economic crises and episodes of financial distress...
Persistent link: https://www.econbiz.de/10014633706
This paper analyzes the borrowing behavior of a small open economy of a developing country that relies heavily on imports for its capital formation and faces an upward-sloping supply function of foreign loans. Decision makers face uncertainty about the longevity of external shocks. That...
Persistent link: https://www.econbiz.de/10014400199
This paper examines how countries use Macroprudential Policies (MaPs) to respond to external shocks such as US monetary policy surprises or fluctuations in capital flows. Constructing a model of a small open economy with financial frictions and a MaP authority that adjusts loan to value (LTV)...
Persistent link: https://www.econbiz.de/10015059813