Financial Crisis, US Unconventional Monetary Policy and International Spillovers /

We study the impact of the US quantitative easing (QE) on both the emerging and advanced economies, estimating a global vector error-correction model (GVECM) and conducting counterfactual analyses. We focus on the effects of reductions in the US term and corporate spreads. First, US QE measures redu...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Chen, Qianying
Rannpháirtithe: Filardo, Andrew, He, Dong, Zhu, Feng
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/085
Rochtain ar líne:Full text available on IMF