Read Online Direct and Spillover Effects of Unconventional Monetary and Exchange Rate Policies - Joseph E. Gagnon file in ePub Online

Read Online Direct and Spillover Effects of Unconventional Monetary and Exchange Rate Policies - Joseph E. Gagnon file in ePub

This paper explores the effects of unconventional monetary and exchange rate policies. We find that official foreign asset purchases have large effects on current accounts that diminish as capital mobility rises and spill over to financially integrated countries. There is an additional effect through the stock of central bank assets. Domestic asset purchases have an effect

Title : Direct and Spillover Effects of Unconventional Monetary and Exchange Rate Policies
Author : Joseph E. Gagnon
Language : en
Rating :
4.90 out of 5 stars
Type : PDF, ePub, Kindle
Uploaded : Apr 06, 2021

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