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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Chi tiết về thư mục
Tác giả chính: Gagnon, Joseph
Tác giả khác: Bayoumi, Tamim, Londono, Juan, Saborowski, Christian
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Working Papers; Working Paper ; No. 2017/056
Truy cập trực tuyến:Full text available on IMF