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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Bibliografski detalji
Glavni autor: Jain-Chandra, Sonali
Daljnji autori: Unsal, Filiz
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2012.
Serija:IMF Working Papers; Working Paper ; No. 2012/265
Online pristup:Full text available on IMF