Showing 181 - 190 of 471,763
Against the background of continued growth disappointments, depressed inflation expectations, and declining real equilibrium interest rates, a number of central banks have implemented negative interest rate policies (NIRP) to provide additional monetary policy stimulus over the past few years....
Persistent link: https://www.econbiz.de/10012984518
economies (EMEs). Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock. The … identified US QE shock is then used in a monthly Bayesian panel VAR for EMEs to infer spillover effects on these countries. We … find that an expansionary US QE shock has significant effects on financial variables in EMEs. It leads to an exchange rate …
Persistent link: https://www.econbiz.de/10012925025
Emerging economies are fighting COVID-19 and the economic sudden stop imposed by the containment and lockdown policies, in the same way as advanced economies. However, emerging markets also face large and rapid capital outflows as a result of the pandemic. This column argues that credible...
Persistent link: https://www.econbiz.de/10012828993
Persistent link: https://www.econbiz.de/10012666105
Persistent link: https://www.econbiz.de/10012322696
Against the background of continued growth disappointments, depressed inflation expectations, and declining real equilibrium interest rates, a number of central banks have implemented negative interest rate policies (NIRP) to provide additional monetary policy stimulus over the past few years....
Persistent link: https://www.econbiz.de/10012245783
Persistent link: https://www.econbiz.de/10011583558
This paper shows that FED policy announcements lead to a significant increase in international co-movement in the cross-section of equity and particularly sovereign CDS market. The effect is strongest for emerging markets, when the FED relaxes unconventionary monetary policies, and for countries...
Persistent link: https://www.econbiz.de/10011874674
Persistent link: https://www.econbiz.de/10011748706
Persistent link: https://www.econbiz.de/10011754362