If the Fed Acts, How Do You React? : The Liftoff Effect on Capital Flows /

After more than six years of ultra-low interest rates, a Fed liftoff (rate hike) is just a matter of time. This paper goes back to history to understand the spillover effect - or what is termed in the paper as the 'liftoff' effect - of the previous five Fed liftoffs on capital flows. Using...

Description complète

Détails bibliographiques
Auteur principal: Hannan, Swarnali
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2015.
Collection:IMF Working Papers; Working Paper ; No. 2015/256
Accès en ligne:Full text available on IMF