1.

Record Nr.

UNINA9910452572203321

Autore

Jain-Chandra Sonali <1975->

Titolo

The effectiveness of monetary policy transmission under capital inflows [[electronic resource] ] : evidence from Asia / / Sonali Jain-Chandra and D. Filiz Unsal

Pubbl/distr/stampa

Washington, D.C., : International Monetary Fund, 2012

ISBN

1-4755-1660-6

1-4755-7971-3

1-283-86686-2

1-4755-2195-2

Descrizione fisica

1 online resource (20 p.)

Collana

IMF working paper ; ; WP/12/265

Altri autori (Persone)

UnsalD. Filiz

Soggetti

Monetary policy - Asia

Capital movements - Asia

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction; II. Methodological Considerations; A. Generalized Dynamic Factor Model; Figures; 1. Secondary Market Yield of 10-Year Government Bond; B. Structural Vector Autoregression; III. Are Local Bond Yields in Asia Driven by External or Domestic Factors?--Empirical Results; 2. The Estimated Common Factor and U.S. 10-Year Bond Yield and the VIX; 3. Contributions of U.S. 10-Year Yield and VIX to Estimated Common Factor; 4. Variance Decomposition of Domestic 10-Year Yield by Sources During 2005-10

5. Contribution of U.S. Long-Term Interest Rates to Variance of Domestic Yields by Maturity 6. Importance of U.S. Interest Rate and Capital Account Openness; IV. Which Interest Rates Matter More for Monetary Transmission Mechanism?; 7. Variance Decomposition of Industrial Production in Response to Shocks to Domestic Interest Rates; V. The Monetary Transmission Mechanism Under Large Capital Flows; 8. Short-Term Corporate Debt; VI. Conclusion; 9. Effect of Capital Flows on Monetary Transmission Mechanism; References

Sommario/riassunto

The effectiveness of the monetary policy transmission mechanism in



open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The main objective of this paper is to assess whether this is true for emerging Asia's economies. Using a dynamic factor model and a structural vector auto-regression model, we show that long-term interest rates in Asia are indeed predominantly driven by global factors. However, monetary policy transmission mechanism remains effective in the region, as it operates predominantly through s

2.

Record Nr.

UNINA9910707003803321

Autore

Abumeri Galib H.

Titolo

T/BEST, technology benefit estimator select features and applications / / Galib H. Abumeri, Christos C. Chamis and Edward R. Generazio

Pubbl/distr/stampa

Cleveland, Ohio : , : National Aeronautics and Space Administration, Lewis Research Center, , June 1995

Descrizione fisica

1 online resource (19 pages) : illustrations

Collana

NASA technical memorandum ; ; 106960

Soggetti

Technology assessment

Structural analysis

Manufacturing

Cost analysis

Computer programs

Computer aided design

Aerospace engineering

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from title screen (viewed April 7, 2016).

"June 1995."

"Performing organization: National Aeronautics and Space Administration, Lewis Research Center, Cleveland, Ohio"--Report documentation page.

"Prepared for the 40th International Symposium and Exhibition, sponsored by the Society for the Advancement of Materials and Process Engineering, Anaheim, California, May 8-11, 1995."



Nota di bibliografia

Includes bibliographical references (page 13).