Book of Donmon Teith

This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls,

The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical p

This paper examines whether cross-border capital flows can be regulated by imposing capital account restrictions (CARs) in both source and recipient countries,

We reassess the connection between capital account openness and capital flows in an empirical framework that is grounded in theory and makes use of previously u

With rising financial integration, the magnitude and swings in capital flows have increased in the past two decades, intensifying the policy debate on how best