Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/315479 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
BOFIT Discussion Papers No. 3/2025
Verlag: 
Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT), Helsinki
Zusammenfassung: 
Countries choose diverse policy mixes of macroprudential and capital flow management measures, yet the drivers behind these policy choices remain largely unexplored. We identify potential conditions for the adoption and determinants of the use of macroprudential and capital flow management measures from the theoretical literature and test them empirically. Rich and high-growth economies tend to rely on macroprudential policy measures, while the use of capital flow management measures decreases as the regulatory environment improves. Countries with a large foreign bank presence tend to implement fewer macroprudential and capital flow management measures.
Schlagwörter: 
Macroprudential policy
Capital controls
Foreign banks
JEL: 
E58
F33
F38
G28
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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