U.S. Monetary Policy and International Risk Spillovers
收藏NBER2019-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26297
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I show that monetary policy divergence vis-a-vis the U.S. has larger spillover effects in emerging markets than advanced economies. The monetary policy of the U.S. affects domestic credit costs in other countries through its effect on global investors risk perceptions. Capital flows in and out of
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美国国家经济研究局创建时间：
2019-09-01
