|
|
|
|
|
|
|
|
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) |
|
|
|
|
|
|
Soggetti |
|
Monetary policy - Asia |
Capital movements - Asia |
Electronic books. |
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
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 |
|
|
|
|