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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Detalles Bibliográficos
Autor Principal: Singh, Manmohan
Outros autores: Wang, Haobin
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/172
Acceso en liña:Full text available on IMF