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International Transmissions of Monetary Shocks: Between a Trilemma and a Dilemma

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NBER2016-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22812
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This paper re-examines international transmissions of monetary policy shocks from advanced economies to emerging market economies. In terms of methodologies, it combines three novel features. First, it separates co-movement in monetary policies due to common shocks from spillovers of monetary
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2016-11-01
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