Tipping the Scale? : The Workings of Monetary Policy through Trade /
Monetary policy entails demand augmenting and demand diverting effects, with its impact on the trade balance-and spillovers to other countries-depending on the relative magnitude of these opposing effects. Using US data, and a sign-restricted structural VAR identification strategy, we investigate ho...
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2017.
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Serie: | IMF Working Papers; Working Paper ;
No. 2017/142 |
Accesso online: | Full text available on IMF |