How do capital controls and macroprudential policy interact with monetary policy in a small open economy?

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How do capital controls and macroprudential policy interact with monetary policy in a small open economy?

In this paper, I focus on how macroprudential or capital control policy complements monetary policy of small open economies in the face of foreign interest rate shock. I build the base model followed by Aoki et al. (2018) and simulate the impulse response to the foreign interest rate shock and compa...

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Bibliographic Details
Main Author:	Lim, Hyunkang
Format:	Thesis (University of Nottingham only)
Language:	English
Published:	2021
Subjects:	Interest rates; States Small Economic conditions; Monetary policy; Foreign exchange rates
Online Access:	https://eprints.nottingham.ac.uk/66872/

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