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...

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Bibliografiske detaljer
Hovedforfatter: Gagnon, Joseph
Andre forfattere: Bayoumi, Tamim, Londono, Juan, Saborowski, Christian
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Working Papers; Working Paper ; No. 2017/056
Online adgang:Full text available on IMF