Central Bank Balance Sheet Policies and Spillovers to Emerging Markets /

We develop a theoretical model that shows that in the near future, the monetary policies of some key central banks in advanced economies (AEs) will have two dimensions-changes in short-term policy rates and balance sheet adjustments. This will affect emerging market economies (EMs), especially those...

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Détails bibliographiques
Auteur principal: Singh, Manmohan
Autres auteurs: Wang, Haobin
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/172
Accès en ligne:Full text available on IMF