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'...

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Detalles Bibliográficos
Autor principal: Jain-Chandra, Sonali
Otros Autores: Unsal, Filiz
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Colección:IMF Working Papers; Working Paper ; No. 2012/265
Acceso en línea:Full text available on IMF