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...
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2015.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2015/256 |
| 在線閱讀: | Full text available on IMF |