| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963005 | Journal of International Economics | 2012 | 15 Pages |
Abstract
⺠We create new indices of financial sector prudential measures and capital controls. ⺠Capital controls and FX-related measures reduce FX lending by domestic banks. ⺠They also reduce the share of portfolio debt in total external liabilities. ⺠Other prudential measures help restrain aggregate credit booms. ⺠Overall, these various measures enhance the economy's resilience to financial crisis.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jonathan D. Ostry, Atish R. Ghosh, Marcos Chamon, Mahvash S. Qureshi,