The Effectiveness of Monetary Policy Transmission Under Capital Inflows.
The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The main objective of this paper is to assess whether this is true for emerging Asia'...
Cote: | Libro Electrónico |
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Auteur principal: | |
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Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
Washington :
International Monetary Fund,
2012.
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Collection: | IMF Working Papers.
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Accès en ligne: | Texto completo |