Capital Flows: Expansionary or Contractionary?
Capital Flows: Expansionary or Contractionary?
About this item
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Publisher
Nashville: American Economic Association
Journal title
Language
English
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Publisher
Nashville: American Economic Association
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Scope and Contents
Contents
The workhorse open-economy macro model suggests that capital inflows are contractionary because they appreciate the currency and reduce net exports. Emerging market policy makers, however, believe that inflows lead to credit booms and rising output; the evidence appears to go their way. To reconcile theory and reality, we extend the set of assets i...
Alternative Titles
Full title
Capital Flows: Expansionary or Contractionary?
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_proquest_journals_1788239015
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1788239015
Other Identifiers
ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/aer.p20161012
