The Resource Managing the tide : how do emerging markets respond to capital flows?, by Atish R. Ghosh, Jonathan D. Ostry, and Mahvash S. Qureshi

Managing the tide : how do emerging markets respond to capital flows?, by Atish R. Ghosh, Jonathan D. Ostry, and Mahvash S. Qureshi

Label
Managing the tide : how do emerging markets respond to capital flows?
Title
Managing the tide
Title remainder
how do emerging markets respond to capital flows?
Statement of responsibility
by Atish R. Ghosh, Jonathan D. Ostry, and Mahvash S. Qureshi
Creator
Contributor
Author
Language
eng
Summary
This paper examines whether-and how-emerging market economies (EMEs) respond to capital flows to mitigate their untoward consequences. Based on a sample of about 50 EMEs over 2005Q1-2013Q4, we find that EME policy makers respond proactively to capital inflows by using a combination of policy tools: central banks raise the policy interest rate to address economic overheating concerns; intervene in the foreign exchange market to resist currency appreciation pressures; tighten macroprudential measures to dampen credit growth; and deploy capital inflow controls in the face of competitiveness and financial-stability concerns. Contrary to conventional policy advice to EMEs, we find no evidence of counter-cyclical fiscal policy in the face of capital inflows. Overall, policies are more likely to respond, and used in combination, during inflow surges than in more normal times
Cataloging source
IDEBK
Dewey number
332.042
Illustrations
illustrations
Index
no index present
LC call number
HG3891
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF Working Paper
Series volume
WP/17/69
Label
Managing the tide : how do emerging markets respond to capital flows?, by Atish R. Ghosh, Jonathan D. Ostry, and Mahvash S. Qureshi
Publication
Copyright
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn985915807
Extent
1 online resource (40 pages)
Form of item
online
Isbn
9781475589290
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations (some color), tables, graphs
http://library.link/vocab/ext/overdrive/overdriveId
1004681
http://library.link/vocab/recordID
.b36816498
Specific material designation
remote
System control number
  • (OCoLC)985915807
  • pebc1475589298

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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