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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Bibliografiska uppgifter
Huvudupphovsman: Jain-Chandra, Sonali
Övriga upphovsmän: Unsal, Filiz
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/265
Länkar:Full text available on IMF