Quantifying the Effect of Financial Conditions in the Euro Area, Japan, United Kingdom and United States
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/quantifying-the-effect-of-financial-conditions-in-the-euro-area-japan-united-kingdom-and-united-states_226365806132.html
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资源简介:
This paper constructs a broad measure of financial conditions for the United States, Japan, the Euro
Area and the United Kingdom, by extending monetary condition indices which are traditionally used to
gauge the impact of monetary policy on the economy. In addition to changes in the exchange rate and short
and long interest rates, the change in...



