The Empirics of International Monetary Transmission: Identification and the Impossible Trinity
The transmission of monetary policy across borders is central to many open economy models. Research has tried to evaluate the "impossible trinity" through estimating international interest rate linkages under alternative exchange rate regimes using realized base country interest rates. Suc...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
2010-06.
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Subjects: | |
Online Access: | Get fulltext |