Titlebook: Volatile Capital Flows in Korea; Current Policies and Kyuil Chung,Soyoung Kim,Hyun Song Shin Book 2014 Kyuil Chung, Soyoung Kim, Hail Park,

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Capital Inflows and Policy Responses: Lessons from Korea’s Experienceakers have maintained this policy framework and considered this their starting point for policymaking. Under the trilemma framework, of course, this has implied an acceptance of high capital mobility.

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Do Capital Inflows Matter to Asset Prices? The Case of Koreacapital inflow surges, and ends up with a bust stage when all of those reverse. As a result, simultaneous occurrences of huge capital inflows and asset price appreciation in emerging countries have often raised concerns about the possibility of another regional economic crisis.

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Why Macroprudential Policy? Brief Overviewountry-specific “pull” factors, and the Bank for International Settlements (BIS) report on global liquidity (the “Landau report”) has highlighted the role of cross-border banking in the transmission of financial conditions (BIS, 2011).

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at the book is like. That may seem such an obvious point that it hardly needs to be made, but it is not really so obvious, and certainly not so easy. For example, Dickens and Eliot are very different novelists, writing in very different ways, and an essay about either of them would only be successfu

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