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...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Singh, Manmohan
Andere auteurs: Wang, Haobin
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2017.
Reeks:IMF Working Papers; Working Paper ; No. 2017/172
Online toegang:Full text available on IMF