John Beirne

Author

Staff working papers

Capital Flows and Macroprudential Policies - A Multilateral Assessment of Effectiveness and Externalities

Staff Working Paper 2014-31 John Beirne, Christian Friedrich
This paper assesses the effectiveness and associated externalities that arise when macroprudential policies (MPPs) are used to manage international capital flows. Using a sample of up to 139 countries, we examine the impact of eight different MPP measures on cross-border bank flows over the period 1999-2009.

See More