Usted está aquí

Back to top

Capital Flows and Monetary Policy

Javier Guillermo
Gómez-Pineda
Sábado, 1 Abril 2006

Capital inflows and outflows often remind policymakers of the monetary policy "trilemma" and the several associated dilemmas. To tackle these dilemmas, an equilibrium model of capital flows is proposed. The model captures bouts of capital inflows and outf