The Role of International Financial Integration in Monetary Policy Transmission
收藏NBER2024-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w32128
下载链接
链接失效反馈官方服务：
资源简介：
Motivated by empirical evidence, we propose an open-economy New Keynesian model with financial integration that allows financial intermediaries to hold foreign long-term bonds. We find financial integration features an amplification for a domestic monetary policy shock and a negative spillover for a
提供机构：
美国国家经济研究局
创建时间：
2024-02-01
