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...
מחבר ראשי: | |
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מחברים אחרים: | , , |
פורמט: | כתב-עת |
שפה: | English |
יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2017.
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סדרה: | IMF Working Papers; Working Paper ;
No. 2017/056 |
גישה מקוונת: | Full text available on IMF |