Gains from Anchoring Inflation Expectations : Evidence from the Taper Tantrum Shock /

Many argue that improvements in monetary policy frameworks in emerging market economies over the past few decades, have made them more resilient to external shocks. This paper exploits the May 2013 taper tantrum in the United States to study the reaction of 18 large emerging markets to an external s...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bems, Rudolfs
Muut tekijät: Caselli, Francesca, Grigoli, Francesco, Gruss, Bertrand
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2019.
Sarja:IMF Working Papers; Working Paper ; No. 2019/075
Linkit:Full text available on IMF