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Assessing Macroprudential Policies: Case of Korea / Valentina Bruno, Hyun Song Shin.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Bruno, Valentina.
Contributor:
National Bureau of Economic Research.
Shin, Hyun Song.
Series:
Working Paper Series (National Bureau of Economic Research) no. w19084.
NBER working paper series no. w19084
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2013.
Summary:
This paper develops methods for assessing the sensitivity of capital flows to global financial conditions, and applies the methods in assessing the impact of macroprudential policies introduced by Korea in 2010. Relative to a comparison group of countries, we find that the sensitivity of capital flows into Korea to global conditions decreased in the period following the introduction of macroprudential policies.
Notes:
Print version record
May 2013.

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