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'...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Jain-Chandra, Sonali
Tác giả khác: Unsal, Filiz
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/265
Truy cập trực tuyến:Full text available on IMF