Artikel

The effectiveness of capital controls and macroprudential measures

We review the literature on the effectiveness of capital controls and macroprudential measures. First, we explain the purposes and examples of capital controls and macroprudential policies. We then analyze various theoretical models and empirical findings from prior studies that investigate the effectiveness of each instrument. Moreover, we review several studies that directly compare the two instruments and discuss whether policymakers should implement capital controls or macroprudential measures to overcome financial crises. Finally, based on a discussion of the findings of previous studies, we suggest several possible avenues for future research.

Sprache
Englisch

Erschienen in
Journal: KDI Journal of Economic Policy ; ISSN: 2586-4130 ; Volume: 45 ; Year: 2023 ; Issue: 4 ; Pages: 1-22

Klassifikation
Wirtschaft
International Financial Policy: Financial Transactions Tax; Capital Controls
International Financial Markets
Financial Institutions and Services: Government Policy and Regulation
Thema
Capital Control
Macroprudential Measure
Financial Crisis

Ereignis
Geistige Schöpfung
(wer)
Lee, Junyong
Lee, Kyounghun
Oh, Frederick Dongchuhl
Ereignis
Veröffentlichung
(wer)
Korea Development Institute (KDI)
(wo)
Sejong
(wann)
2023

DOI
doi:10.23895/kdijep.2023.45.4.1
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Lee, Junyong
  • Lee, Kyounghun
  • Oh, Frederick Dongchuhl
  • Korea Development Institute (KDI)

Entstanden

  • 2023

Ähnliche Objekte (12)