Punzi, Maria Teresa; Pornpinun Chantapacdepong - 2017
We assess the evolution of spillover effects of unconventional monetary policies (UMPs) on Asia and the Pacific region …, and evaluate the impact on and implications for the macroeconomy. We develop a Panel Vector Auto Regression model for Asia … a shadow interest rate estimated by Krippner (2013). We find that Asia and the Pacific region has responded to the …