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International Spillovers of Monetary Policy

Editor

Listed:
  • Ángel Estrada García
    (Banco de España)

  • Alberto Ortiz Bolaños
    (Centro de Estudios Monetarios Latinoamericanos (CEMLA))

Abstract

In the 2014 Meeting of CEMLA’s Research Network, was decided that starting in 2015 would be conducted a joint research on international spillovers of monetary policy. The Associate Directorate General International Affairs of Banco de España, with technical assistance from CEMLA, coordinated this joint research. Researchers from the Central Banks of Brazil, Chile, Colombia, Costa Rica, Dominican Republic, England, Europe (European Central Bank), Guatemala, Jamaica, Mexico, Peru, Spain and Uruguay participated in the activities of this joint research. The documents that integrate this book represent a memoir of the work done by this group of researchers and it gives a comprehensive analysis of the spillover effects of us monetary policy in Latin America and the Caribbean. This book, in line with CEMLA’s objectives, promotes a better understanding of monetary and banking matters in Latin America and the Caribbean.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Ángel Estrada García & Alberto Ortiz Bolaños (ed.), 2017. "International Spillovers of Monetary Policy," Investigación Conjunta-Joint Research, Centro de Estudios Monetarios Latinoamericanos, CEMLA, edition 1, volume 1, number 3, December.
  • Handle: RePEc:cml:incoes:3
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    References listed on IDEAS

    as
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    6. Mr. Sebastian Sosa, 2010. "The Influence of “Big Brothers: ” How Important are Regional Factors for Uruguay?," IMF Working Papers 2010/060, International Monetary Fund.
    7. Kim, Soyoung, 2001. "International transmission of U.S. monetary policy shocks: Evidence from VAR's," Journal of Monetary Economics, Elsevier, vol. 48(2), pages 339-372, October.
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    20. Stock J.H. & Watson M.W., 2002. "Forecasting Using Principal Components From a Large Number of Predictors," Journal of the American Statistical Association, American Statistical Association, vol. 97, pages 1167-1179, December.
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Geis, André & Moder, Isabella & Schuler, Tobias, 2020. "Who’s afraid of euro area monetary tightening? CESEE shouldn’t," Working Paper Series 2416, European Central Bank.
    2. Carrillo Julio A. & Elizondo Rocío & Rodríguez-Pérez Cid Alonso & Roldán-Peña Jessica, 2018. "What Determines the Neutral Rate of Interest in an Emerging Economy?," Working Papers 2018-22, Banco de México.

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    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    transmission of monetary policy; unconventional monetary policy; monetary policy; international spillovers; quantitative easing; tapering; business cycles; foreign shocks; monetary policy shocks; emerging economies; small open economies; VAR; DSGE; central banks; Latin America.;
    All these keywords.

    JEL classification:

    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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