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...
Κύριος συγγραφέας: | |
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Άλλοι συγγραφείς: | , , |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2017.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2017/056 |
Διαθέσιμο Online: | Full text available on IMF |