Cristi, José; Kalemli-Ozcan, Sebnem; Sans, Mariana; … - National Bureau of Economic Research - 2024
We study the international transmission of U.S. monetary policy (FED hikes) and a strong U.S. dollar. Both of these variables are endogenous and thus we follow the recent developments in the literature to measure the exogenous components of each from the perspective of the rest of the world...