International Capital Flow Pressures

International Capital Flow Pressures
This paper presents a new measure of capital flow pressures in the form of a recast Exchange Market Pressure index. The measure captures pressures that materialize in actual international capital flows as well as pressures that result in exchange rate adjustments. The formulation is theory-based, relying on balance of payments equilibrium... READ MORE...

Publication date: February 2018
ISBN 9781484341803
$18.00

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