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 …

. Additionally, we control for spillovers and common external shocks. We find evidence of contagion from Thailand to Indonesia and …

mechanisms of return and volatility spillovers to prevent harmful shock transmission. This article studies the contemporaneous …. Moreover, this article develops a new framework to analyze the contemporaneous asymmetric volatility spillovers, which adds a … spillovers by employing a structural vector autoregressive model with Markov switching covariance matrix to solve 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 …

spillovers directly via the composite index returns from the EU, the U.S. and neighboring markets; Budapest exhibits the … strongest spillover effect, followed by Warsaw and Prague. The Czech and Hungarian markets are also subject to spillovers …