suggests that monetary policy spillovers depend on banks' capital constraints. In particular, during a period of quantitative …

suggests that monetary policy spillovers depend on banks’ capital constraints. In particular, during a period of quantitative …

suggests that monetary policy spillovers depend on banks' capital constraints. In particular, during a period of quantitative …

over the period 1970-2018. Our main findings are: i) significant spillovers from the U.S. interest rates to other countries …) higher reserves decrease risk premia, for long-term interest rates; v) the significance of spillovers fades once the …

I study spillovers of US monetary policy to the rest of the world, as well as spillbacks to the US economy in an …, the network effects have strengthened over time, amplifying the resulting spillovers and spillbacks. This implies that it … is not the bilateral integration with the US that determines the recently increased magnitude of the spillovers, but …