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The Unstable Phillips Curve, Federal Reserve Governor Christopher J. Waller, At The Macroeconomics And Monetary Policy, A Conference Sponsored By The Federal Reserve Bank Of San Francisco, San Francisco, California - Vimarsana News

The Unstable Phillips Curve, Federal Reserve Governor Christopher J. Waller, At The Macroeconomics And Monetary Policy, A Conference Sponsored By The Federal Reserve Bank Of San Francisco, San Francisco, California

<p><span>Thank you, Sylvain, and thank you to the Federal Reserve Bank of San Francisco for inviting me to speak tonight. After listening to many dinner speakers through the years, I am well aware that after the entrees are served, no one wants to hear someone blabber for 45 minutes. So, I will try to keep this short to leave enough time for a robust discussion afterward, which I hope my remarks will generate.</span></p>

The information content of capital controls - Vimarsana News

The information content of capital controls

The information content of capital controls Image Capital controls, residency-based or currency-based measures used to regulate cross-country financial flows, are increasingly considered part of the standard financial stability policy toolkit for many emerging markets and developing economies (EMDEs). During the first quarter of 2020, the COVID-19 crisis caused unprecedented capital outflows from EMDEs, further highlighting the need for better understanding of capital flow management. A widely held view in the recent academic literature and policy institutions is that national authorities can...