Trilemma or Dilemma : Inspecting the Heterogeneous Response of Local Currency Interest Rates to Foreign Rates /

This paper studies the heterogeneous response across countries of local currency interest rates to foreign and domestic factors, thus contributing to the discussion on the policy trilemma in international economics. On average, floaters appear to be less affected by the U.S. in the short run (up to...

全面介绍

书目详细资料
主要作者: Ricci, Luca
其他作者: Shi, Wei
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2016.
丛编:IMF Working Papers; Working Paper ; No. 2016/075
在线阅读:Full text available on IMF