Direct and Spillover Effects of Unconventional Monetary and Exchange Rate Policies /

This paper explores the effects of unconventional monetary and exchange rate policies. We find that official foreign asset purchases have large effects on current accounts that diminish as capital mobility rises and spill over to financially integrated countries. There is an additional effect throug...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Gagnon, Joseph
Awduron Eraill: Bayoumi, Tamim, Londono, Juan, Saborowski, Christian
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2017.
Cyfres:IMF Working Papers; Working Paper ; No. 2017/056
Mynediad Ar-lein:Full text available on IMF