The Effectiveness of Monetary Policy Transmission Under Capital Inflows : Evidence from Asia /

The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The main objective of this paper is to assess whether this is true for emerging Asia'...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Jain-Chandra, Sonali
Weitere Verfasser: Unsal, Filiz
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/265
Online Zugang:Full text available on IMF