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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Gagnon, Joseph
מחברים אחרים: Bayoumi, Tamim, Londono, Juan, Saborowski, Christian
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2017.
סדרה:IMF Working Papers; Working Paper ; No. 2017/056
גישה מקוונת:Full text available on IMF