Financial Globalization and Monetary Policy /

What does financial globalization imply for the design of monetary policy? Does the case for price stability change in an environment of large cross country gross asset holdings?. This paper is concerned with the effects of monetary policy under endogenous international portfolio choice and incomple...

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Bibliographic Details
Main Author: Devereux, Michael
Other Authors: Sutherland, Alan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/279
Online Access:Full text available on IMF