U.S. monetary policy normalization and global interenst rates

As the Federal Reserve continues to normalize its monetary policy, this paper studies the impact of U.S. interest rates on rates in other countries. We find a modest but nontrivial pass-through from U.S. to domestic short-term interest rates on average. We show that, to a large extent, this comoveme...

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Detalles Bibliográficos
Autor principal: Caceres, Carlos, (Economist) (-)
Autores Corporativos: International Monetary Fund, publisher (publisher), International Monetary Fund. Western Hemisphere Department, issuing body (issuing body)
Otros Autores: Carrière-Swallow, Yan, Demir, Ishak, Gruss, Bertrand
Formato: Libro electrónico
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund [2016]
©2016.
Colección:EBSCO Academic eBook Collection Complete.
IMF working paper, WP/16/195.
Acceso en línea:Conectar con la versión electrónica
Ver en Universidad de Navarra:https://innopac.unav.es/record=b44675859*spi
Tabla de Contenidos:
  • Cover; Contents; Abstract; I INTRODUCTION; II DATA; III PASS-THROUGH FROM U.S TO DOMESTIC INTEREST RATES; IV WHAT CAN BE EXPECTED FROM U.S MONETARY POLICY NORMALIZATION?; V THE FED'S NORMALIZATION AND MONETARY AUTONOMY ELSEWHERE; VI EXPLORING THE DETERMINANTS OF MONETARY AUTONOMY; VII CONCLUSION AND POLICY IMPLICATIONS.