Buscar
Mostrando ítems 1-2 de 2
Captial controls and foreign exchange policy
The question of whether capital controls should be part of the tool box for policymakers to deal with capital flows has become one of the central issues in the international economic policy debate. It was one of the key policy issues in the G20 under the French Presidency in 2011 and it has been covered ...
Pegs downward wage rigidity and unemployment: the role of financial structure
A characteristic of the current crisis in Europe is that countries in its periphery have found themselves increasingly cut off from international financial markets. In the present study we ask how such changes in the financial structure influence the welfare consequences of maintaining a fixed exchange ...