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Are Capital Controls and Central Bank Intervention Effective?

Intervention in the foreign exchange market and capital controls are two controversial policy options that many countries have adopted in order to influence the exchange rate and moderate capital flows. The objective of this paper is to examine their effectiveness for a representative Emerging Marke...

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Pubblicato in:Investigación Económica
Autori principali: Hernán Rincón-Castro, Norberto Rodríguez-Niño, Jorge Hernán Toro-Córdoba
Natura: Artigo
Lingua:Inglês
Pubblicazione: Universidad Nacional Autónoma de México 2020
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Accesso online:https://www.redalyc.org/articulo.oa?id=60171805003
https://www.redalyc.org/journal/601/60171805003/
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