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 …

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 …

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 …

We quantify spillovers of inflation expectations between the United States (US) and Euro Area (EA) based on break … heteroscedasticity of the data, we are able to test the identifying restrictions of structural shocks and analyze time-varying spillovers …. Adjusted for BEI risk premia, our main result suggests that spillovers of inflation expectations increase during times of …

financial conditions in EMEs, and, whether it is transmitted through portfolio flows. We find that a U.S. UMP shock … easing of their own monetary policy stance in response to an expansionary U.S. shock. …

States, the issuer of the world's dominant currency, by causing a dollar appreciation and a transfer of wealth from the … United States to the rest of the world. This dollar appreciation runs counter to the predictions of standard macroeconomic …

BRICS) generated significant spillovers via bank lending and exchange rates, particularly in the post-2008 environment of … abundant global liquidity. Spillovers seem to be strongest among the BRICS and in Latin America. These results are robust to …