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....
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2009.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2009/256 |
Acesso em linha: | Full text available on IMF |