Showing 1 - 7 of 7
In the postglobal financial crisis period, the central banks of the advanced economies pursued unconventional monetary policies, such as the United States (US) Federal Reserve's quantitative easing (QE). Those policies and their unwinding may significantly affect cross-border capital flows and...
Persistent link: https://www.econbiz.de/10013009655
volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility … determinants of capital inflows to developing Asia. Trade openness increases the volatility of all types of capital inflows, while … change in stock market capitalization, global liquidity growth, and institutional quality lowers the volatility. A regional …
Persistent link: https://www.econbiz.de/10012971930
policy choices do not matter for per capita economic growth. However, they do matter for output volatility and the medium …-term level of inflation. Greater monetary independence is associated with lower output volatility while greater exchange rate … stability implies greater output volatility, which can be mitigated if a country holds international reserves (IR) at a higher …
Persistent link: https://www.econbiz.de/10013142882
of China (PRC), the renminbi (listed as CNH), directly affect the volatility of share prices of PRC banks and the overall …. Thus, CNH market volatility is a leading indicator of onshore PRC banking sector volatility. The results suggest that … generate greater volatility in the PRC’s banking sector. Far from being a shock absorber for the financial system of the PRC …
Persistent link: https://www.econbiz.de/10014098550
The paper aims to assess what influences volatility of capital flows to emerging countries and whether or not there is … a spillover or contagion effect in the volatility. The empirical results suggest strong and significant contagion … effects from global and regional volatilities on the volatility of capital flows in different types to individual economies …
Persistent link: https://www.econbiz.de/10013098100
dynamics of food price inflation and volatility is essential in designing appropriate policy responses. Using the panel data … volatilities as well as the effects of various internal and external factors on domestic food price inflation and volatility. The … paper offers evidence in support of the international transmission of food price inflation and volatility. Specifically, the …
Persistent link: https://www.econbiz.de/10013076407
This paper highlights the thinness of rice trade relative to wheat and maize, and the contrasting price volatility and … self-perpetuate its dampening effect on trade does not cause extreme rice price volatility in the region, but the other way … for reducing and managing the chances of excessive rice price volatility …
Persistent link: https://www.econbiz.de/10013076549