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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Singh, Manmohan
Tác giả khác: Wang, Haobin
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Working Papers; Working Paper ; No. 2017/172
Truy cập trực tuyến:Full text available on IMF