Faithin Omaha eBook Collection

We study the optimal management of capital flows in a small open economy model with financial frictions and multiple policy instruments. The paper reports two m

We show that “preemptive” capital flow management measures (CFM) can reduce emerging markets and developing countries’ (EMDE) external finance premia duri

Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic