Are Capital Inflows Expansionary or Contractionary?
Theory, Policy Implications, and Some Evidence IMF
(2015-10-27)
The workhorse open-economy macro model suggests that capital
inflows are contractionary because they appreciate the currency and reduce net
exports. Emerging market policy makers however believe that inflows lead to
credit booms a .. more |
Measuring Changes in the Bilateral Technology Gaps between China, India
and the U.S. 1979-2008 NBER (2015-10-27)
Popular literature
suggests a rapid narrowing of the technology gap between China and the U.S.
based on large percentage increases in Chinese patent applications, and equally
large increases in college registrants and completed Ph .. more |
Frequently asked questions on the Basel III Countercyclical Capital
Buffer BIS (2015-10-27)
To promote consistent implementation of
the Basel III countercyclical capital buffer, the Basel Committee on Banking
Supervision has issued frequently asked questions? and other supporting
information. The information published .. more | |