How Does U.S. Monetary Policy Influence Economic Conditions in Emerging Markets? /

This paper quantifies the economic impact of changes in U.S. monetary policy on emerging market countries. We explore empirically how country risk, as proxied by sovereign bond spreads, is influenced by U.S. monetary policy, country-specific fundamentals, and conditions in global capital markets. In...

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Detalhes bibliográficos
Autor principal: Arora, Vivek
Outros Autores: Cerisola, Martin
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2000.
Colecção:IMF Working Papers; Working Paper ; No. 2000/148
Acesso em linha:Full text available on IMF