We estimate spillovers from US monetary policy for different measures in the Federal Reserve's toolkit. We make use of … spillovers than conventional rate policy; (ii) spillovers transmit predominantly through financial channels centering on global … entail only rather limited term premium spillovers; (iv) both forward guidance and LSAPs entail trade-offs for emerging …

with those of the rest of the world. We analyse the relative importance of US, country-specific, and global variables as …. Global and national risk indicators perform better in explaining "rest of the world" flows. Moreover, we find that the … correlation between US and rest of the world flows peaks in periods of elevated uncertainty. We interpret our findings as evidence …

contamination is more severe for economies that are more susceptible to financial spillovers in the data; and the shock estimates …Financial globalisation and spillovers have gained immense prominence over the last two decades. Yet, powerful cross … data on monetary policy shock estimates for 29 economies obtained from more than 280 monetary models in the literature …

affects in particular the role of expenditure-switching and the US dollar exchange rate for spillovers: In case of a shock in …; in case of a US shock that alters the value of the US dollar multilaterally, expenditure-switching occurs both in non … dominant currency in global trade. According to ECB-Global, in such a scenario the global spillovers from US shocks are smaller …

to a contractionary US monetary policy shock. Our analysis suggests that spillbacks materialise as Tobin’s q/cash flow …

How does global risk impact the world economy? In taking up this question, we focus on the dollar’s role in the …

hierarchy in the global spillovers from ECB and Federal Reserve monetary policy: while the spillovers to consumer prices are … and financial variables in the rest of the world. …

The Federal Reserve's (Fed) monetary policy announcements have created massive spillovers to global financial markets … significant international spillovers to bond yields and stock prices of European banks and non-financial corporations (NFCs … dimensions of these spillover effects. International spillovers to bond yields of banks and NFCs were similar, while stock prices …

spillovers from euro-area shocks to neighboring countries. We find that in response to euro-area shocks, spillovers are not …