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Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
16 references·14 citing·39 second hop
Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence (2017)Are Capital Inflows Expansionary or Contr…International Liquidity and Exchange Rate Dynamics * (2015)International Liquidity and E…Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)Dilemma not Trilemma: The Glo…Surges (2013)SurgesTwo Targets, Two Instruments (2012)Two Targets, Two InstrumentsTools for managing financial-stability risks from capital inflows (2012)Tools for managing financial-…The Liberalization and Management of Capital Flows - An Institutional View (2012)The Liberalization and Manage…Dealing with the Trilemma: Optimal Capital Controls with Fixed Exchange Rates (2012)Dealing with the Trilemma: Op…Capital Inflows (2010)Capital InflowsCapital Flow Bonanzas: An Encompassing View of the Past and Present (2008)Capital Flow Bonanzas: An Enc…Crowding Out Or Crowding In? The Economic Consequences of Financing Government Deficits (1978)Crowding Out Or Crowding In? …Exchange rates in the short run (1977)Exchange rates in the short r…Expectations and Exchange Rate Dynamics (1976)Expectations and Exchange Rat…Capital Mobility and Stabilization Policy Under Fixed and Flexible Exchange Rates (1963)Capital Mobility and Stabiliz…Política financiera interna bajo sistemas de tipos de cambio fijos o de tipos de cambio fluctuantes (1962)Política financiera interna b…Domestic Financial Policies Under Fixed and Under Floating Exchange Rates (1962)Domestic Financial Policies U…Domestic Financial Policies under Fixed and under Floating Exchange Rates (Politiques finacierieures interieures avec un systeme de taux de change fixe et avec un systeme de taux de change fluctuant) (Politica financiera interna bajo sistemas de tipos de cambio fijos o de tipos de cambio fluctuantes) (1962)Domestic Financial Policies u…The Elusive Link Between FDI and Economic Growth (2023)The Elusive Link Between FDI …Global Value Chain Participation and the Labour Share: Industry‐level Evidence from Emerging Economies (2023)Global Value Chain Participat…Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)? 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(2020)Dampening Global Financial Sh…Financial Incentives to Work in France between 1998 and 2014 (2019)Financial Incentives to Work …Political and Institutional Determinants of Credit Booms (2018)Political and Institutional D…Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles (2018)Hedger of Last Resort: Eviden…Capital flows and sovereign debt markets: Evidence from index rebalancings (2018)Capital flows and sovereign d…The Macroprudential Role of International Reserves (2016)The Macroprudential Role of I…The Appropriate Use of Monetary and Fiscal Policy for Internal and External Stability (1962)Invested interests: the politics of national economic policies in a world of global finance (1991)The Economics of Exchange Rates (2003)Modeling Regional Interdependencies Using a Global Error-Correcting Macroeconometric Model (2004)CAPITAL FLOWS AND CAPITAL-MARKET CRISES: The Simple Economics of Sudden Stops (1998)Exchange Rates and Financial Fragility (1999)The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970–2004 (2007)Capital flows to emerging market economies: A brave new world? (2014)Capital Control Measures: A New Dataset (2016)IMF conditionality and development policy space, 1985–2014 (2016)Liquidity and leverage (2008)Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?* (2019)The Wall Street Consensus (2021)Manias, Panics, and Crashes: A History of Financial Crises (1979)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Banking Crises: An Equal Opportunity Menace (2008)Public Debt and Growth (2010)Why Doesn't Capital Flow from Rich to Poor Countries? (2017)Currency crashes in emerging markets: An empirical treatment (1996)Finance and Growth: Theory and Evidence (2004)What matters for financial development? Capital controls, institutions, and interactions (2005)An Overview of Macroprudential Policy Tools (2015)WHAT DRIVES CAPITAL FLOWS TO EMERGING MARKETS? A SURVEY OF THE EMPIRICAL LITERATURE (2018)Global Waves of Debt: Causes and Consequences (2021)Noise Trader Risk in Financial Markets (1990)The Limits of Arbitrage (1995)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)A Preferred-Habitat Model of the Term Structure of Interest Rates (2009)Intermediary asset pricing: New evidence from many asset classes (2017)It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)Empirical exchange rate models of the seventies (1983)Convergence Across States and Regions (1991)The Purchasing Power Parity Puzzle (1996)‘Crowding out’ and the effectiveness of fiscal policy (1977)Fiscal Governance in Europe (2009)International Channels of Transmission of Monetary Policy and the Mundellian Trilemma (2016)Global Capital and National Governments (2001)The Rebirth of the Liberal Creed: Paths to Neoliberalism in Four Countries (2002)
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References

  • 1976Expectations and Exchange Rate Dynamics4,704 cited
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  • 2012The Liberalization and Management of Capital Flows - An Institutional View509 cited
  • 1978Crowding Out Or Crowding In? The Economic Consequences of Financing Government Deficits354 cited
  • 2012Tools for managing financial-stability risks from capital inflows351 cited
  • 2013Surges287 cited
  • 1977Exchange rates in the short run

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217 cited
  • 2012Two Targets, Two Instruments198 cited
  • 2012Dealing with the Trilemma: Optimal Capital Controls with Fixed Exchange Rates198 cited
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    • 2023The Elusive Link Between FDI and Economic Growth35 cited
    • 2016The Macroprudential Role of International Reserves32 cited
    • 2018Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles32 cited
    • 2021A Quantitative Microfounded Model for the Integrated Policy Framework30 cited
    • 2018Political and Institutional Determinants of Credit Booms30 cited
    • 2020Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?29 cited
    • 2020Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)?28 cited
    • 2022Capital flows and geographically uneven economic dynamics: A monetary perspective28 cited
    • 2021Winners and losers from sovereign debt inflows23 cited
    • 2023Global Value Chain Participation and the Labour Share: Industry‐level Evidence from Emerging Economies21 cited
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