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Formulating a Policy Response: Reply to Snowden

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  • Guillermo A. Calvo

    (International Monetary Fund)

  • Leonardo Leiderman

    (International Monetary Fund)

  • Carmen M. Reinhart

    (International Monetary Fund)

Abstract

In this short note we further discuss the role of macroeconomic policies to deal with surges in capital inflows. Primarily policies aimed at avoiding financial crises or an overvaluation of the real exchange rate.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Article provided by Palgrave Macmillan in its journal Staff Papers - International Monetary Fund.

Volume (Year): 40 (1993)
Issue (Month): 4 (December)
Pages: 868-870

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Handle: RePEc:pal:imfstp:v:40:y:1993:i:4:p:868-870

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References

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  1. Reinhart, Carmen & Calvo, Guillermo & Leiderman, Leonardo, 1994. "The capital inflows problem: Concepts and issues," MPRA Paper 13902, University Library of Munich, Germany.
  2. repec:imf:imfpdp:9310 is not listed on IDEAS
  3. Guillermo A. Calvo & Leonardo Leiderman & Carmen M. Reinhart, 1993. "Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors," IMF Staff Papers, Palgrave Macmillan, vol. 40(1), pages 108-151, March.
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Cited by:
  1. Ignacio Lozano & Ligia Alba Melo B. & Jorge Enrique Ramos F., 2012. "Flujos de capital y política fiscal en las economías emergentes de América Latina," BORRADORES DE ECONOMIA 009439, BANCO DE LA REPÚBLICA.

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