Número:
395
Publicado:
Clasificación JEL:
F41, F32, G15, H62, H63
Palabras clave:
Sudden stops, Credit booms, Country risk, Fear of floating
Lo más reciente
Jaime Alfredo Bonet-Moron, Yuri Carolina Reina-Aranza, Adriana Ortega, Ana Rosa Polanco
Juan Sebastián Mariño-Montaña, Daniela Rodriguez-Novoa, Camilo Eduardo Sánchez-Quinto
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