Monetary Policy Coordination and the Role of Central Banks /

The unconventional monetary policies (UMPs) pursued by the advanced economies (AEs) have posed macroeconomic challenges for the emerging market economies (EMEs) through volatile capital flows and exchange rates. AE central banks need to acknowledge and appreciate the spillovers resulting from such U...

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Bibliographic Details
Main Author: Mohan, Rakesh
Other Authors: Kapur, Muneesh
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/070
Online Access:Full text available on IMF