International Channels of Transmission of Monetary Policy and the Mundellian Trilemma
收藏NBER2016-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21852
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资源简介：
This lecture argues that the Global Financial Cycle is a challenge for the validity of the Mundellian trilemma. I present evidence that US monetary policy shocks are transmitted internationally and affect financial conditions even in inflation targeting economies with large financial markets. Hence
提供机构：
美国国家经济研究局
创建时间：
2016-01-01
