Kazi, Irfan akbar; Wagan, Hakimzadi; Akbar, Farhan - In: Economics Bulletin 31 (2011) 4, pp. 49-49
We study the changing international transmission of US monetary policy shocks to 14 OECD countries over the period 1981 … monetary policy shocks have considerable negative impact on GDP growth in US, Canada, Japan and Sweden while most of the other … and Sweden over the recent Global Financial Crisis. Third, the size of US monetary policy shocks during financial turmoil …