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This paper studies the evolution of the natural interest rate in five Southeast Asian countries and considers the effect of economic shocks on the natural interest rate in these countries. The natural interest rate is the interest rate that would prevail in an economy in equilibrium and in the...
Persistent link: https://www.econbiz.de/10012545924
aroused widespread concerns in Asia and elsewhere regarding its possible impact in terms of the weakening of the US dollar and … to Emerging Asia of $9 billion per quarter was estimated for the first two quarters of the QE2 period, which was … financial markets, economic activity or inflation. We also investigate the impacts of QE policy on regional bond yields and …
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prices and negative effects on short- and long-term interest rates, as well as on inflation. Results tend to be similar when …
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