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...

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Detaylı Bibliyografya
Yazar: Bems, Rudolfs
Diğer Yazarlar: Caselli, Francesca, Grigoli, Francesco, Gruss, Bertrand
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2019.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2019/075
Online Erişim:Full text available on IMF