Capital-flow management measures: What are they good for?

Are capital controls and macroprudential measures related to international exposures successful in achieving their objectives? Assessing their effectiveness is complicated by selection bias; countries which change their capital-flow management measures (CFMs) often share specific characteristics and...

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Bibliographic Details
Main Authors: Fratzscher, Marcel, Straub, Roland, Forbes, Kristin J
Other Authors: Sloan School of Management
Format: Article
Published: Elsevier BV 2019
Online Access:http://hdl.handle.net/1721.1/120811
https://orcid.org/0000-0002-9340-6063