Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10012819582
Persistent link: https://www.econbiz.de/10009775580
Persistent link: https://www.econbiz.de/10010349304
Persistent link: https://www.econbiz.de/10011711815
We estimate international spillover effects of US Quantitative Easing (QE) on emerging market economies. Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock with non-recursive identifying restrictions. We estimate strong and robust macroeconomic...
Persistent link: https://www.econbiz.de/10012970183
This paper empirically characterizes comovement in monetary policy of G-7 countries during 1980-2009. I estimate a Taylor rule for each country and use residual from the Taylor rules to estimate a dynamic latent factor model with common and Europe specific factors. I quantify importance of the...
Persistent link: https://www.econbiz.de/10012973364
We study international spillover effects of US monetary policy. We use monthly panel data from fifteen major emerging market economies (EMEs), in a period where the countries have a flexible exchange rate regime and are integrated into global financial markets. We show that US monetary policy...
Persistent link: https://www.econbiz.de/10012950741
We estimate international spillover effects of the United States (US)' Quantitative Easing (QE) on emerging market economies (EMEs). Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock. The identified US QE shock is then used in a monthly...
Persistent link: https://www.econbiz.de/10012925025
Persistent link: https://www.econbiz.de/10011782561
Persistent link: https://www.econbiz.de/10011758092