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...
主要作者: | |
---|---|
其他作者: | , , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2017.
|
叢編: | IMF Working Papers; Working Paper ;
No. 2017/056 |
在線閱讀: | Full text available on IMF |