consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: Countries seek three typically … desirable but jointly unattainable objectives-stable exchange rates, free international capital mobility, and monetary policy …

consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: countries seek three typically … desirable but jointly unattainable objectives: stable exchange rates, free international capital mobility, and monetary policy …

consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: Countries seek three typically … desirable but jointly unattainable objectives — stable exchange rates, free international capital mobility, and monetary policy …

consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: countries seek three typically … desirable but jointly unattainable objectives: stable exchange rates, free international capital mobility, and monetary policy …

masked by foreign exchange interventions and policy rate adjustments. The sensitivity of capital flow pressures to risk …

"The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically … evidence for the lending channel for monetary policy in large banks, but only those banks that are domestically-oriented and …

The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically …

become cheaper in the rest of the world. Real U.S. imports are affected less because U.S. prices are more insulated from …