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Webb1 jan. 2024 · The last decade has seen the emergence of a growing body of research on prudential capital controls and foreign currency reserves. In this chapter, we review the historical background of these policies, present the main stylized facts on their use, and provide a simple model to articulate the main theoretical insights of the new literature. http://www.javierbianchi.com/uploads/8/8/5/8/8858198/theory_reserves_macroprudential.pdf shop smart sacramento
The Prudential Use of Capital Controls and Foreign Currency Reserves - NBER
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