Capital Account Policies and the Real Exchange Rate

By Olivier Jeanne. NBER International Seminar on Macroeconomics, 2012

123 citations recorded by the source corpus.

Citations in the corpus

Optimal Development Policies With Financial Frictions (2014, unknown): “No sectoral taxes In the absence of any sectoral instruments (labor or consumption), the planner has to recur to intertemporal distortions by means of a savings subsidy, or a policy of capital controls and reserve accumulation more commonly used in practice (see Jeanne, 2013, for the equivalence res”
The financial resource curse (2013, unknown): “24See Jeanne (2012) for a discussion of capital account policies in a model in which the real exchange rate is determined by the sectoral allocation of consumption.”
A Theory of Capital Controls as Dynamic Terms-of-Trade Manipulation (2014, unknown): “See Jeanne ð2011Þ for a detailed discussion of the equivalence between capital controls and trade taxes. where at denotes the current bond holdings, lt is a lump-sum tax, and qt ; pt11=pt is the price of one-period bonds at date t.”
Real exchange rate policies for economic development (2017, unknown): “While past studies similarly suggested limited effects on exchange rates, Jeanne (2012) shows that capital account policies – including all the policies that affect the private sector’s access to foreign capital – can have persistent effects on the real exchange rate.36 The evidence is aligned with…”