Monetary Independence in Emerging Markets : Does the Exchange Rate Regime Make a Difference? /

This paper compares the impact of shocks to U.S. interest rates and emerging market bond spreads on domestic interest rates and exchange rates across several emerging market economies with different exchange rate regimes. Consistent with conventional priors, the results indicate that interest rates...

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Tác giả chính: Philippon, Thomas
Tác giả khác: Borensztein, Eduardo, Zettelmeyer, Jeromin
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2001.
Loạt:IMF Working Papers; Working Paper ; No. 2001/001
Truy cập trực tuyến:Full text available on IMF

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