Macroprudential policies and current account balance
نویسندگان
چکیده
Macroprudential policies have become essential tools for policymakers to maintain financial stability. We investigate the impact of macroprudential on current account balance, considering link between external imbalances and Building a panel VAR model, we further document that usage instrument is associated with an improvement in balance. Our findings suggest positive policy measures balance more substantial deficit countries.
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ژورنال
عنوان ژورنال: Economic Analysis and Policy
سال: 2022
ISSN: ['0313-5926', '2204-2296']
DOI: https://doi.org/10.1016/j.eap.2022.01.003