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...

Полное описание

Библиографические подробности
Главный автор: Singh, Manmohan
Другие авторы: Wang, Haobin
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/172
Online-ссылка:Full text available on IMF