How Long to Read Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies

How Long Does it Take to Read Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies?

It takes the average reader and 44 minutes to read Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies by Mr.Ruy Lama

Assuming a reading speed of 250 words per minute. Learn more

Description

We study the optimal management of capital flows in a small open economy model with financial frictions and multiple policy instruments. The paper reports two main findings. First, both foreign exchange intervention (FXI) and macroprudential polices are tools complementary to the monetary policy rate that can largely reduce inflation and output volatility in a scenario of capital outflows. Second, the optimal policy mix depends on the underlying shock driving capital flows. FXI takes the leading role in response to foreign interest rate shocks, while macroprudential policy becomes the prominent tool for domestic risk shocks. These results highlight the importance of calibrating the use of multiple instruments according to the underlying shocks that induce shifts in capital flows.

How long is Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies?

Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies by Mr.Ruy Lama is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies aloud.

What Reading Level is Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies?

Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies?

Shocks Matter: Managing Capital Flows with Multiple Instruments in Emerging Economies by Mr.Ruy Lama is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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