Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy /

This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in Hong Kong SAR has the potential to create inflation in both goods and asset markets....

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Hlavní autor: N'Diaye, Papa
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/256
On-line přístup:Full text available on IMF