Financial crises, bailouts and monetary policy in open economies

Financial crises, bailouts and monetary policy in open economies

I jointly study the optimal bailout policy and monetary policy in open economies that borrow in foreign currency from international lenders. A policy dilemma emerges during financial crises. Policymakers trade off the benefit of more bailouts alleviating firms’ financial constraints against the cost...

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Bibliographic Details
Main Author: JIAO, Yang
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
Subjects:
Bailout policy
Exchange rate
Financial crises
Foreign currency debt
Open economies
Finance
International Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/2774
https://ink.library.smu.edu.sg/context/soe_research/article/3773/viewcontent/FinCrises_Bailouts_MP_OE_av.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2774
https://ink.library.smu.edu.sg/context/soe_research/article/3773/viewcontent/FinCrises_Bailouts_MP_OE_av.pdf

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