Monetary policy divergence and net capital flows: Accounting for endogenous policy responses
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DOI: 10.1016/j.jimonfin.2019.01.016
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- Scott Davis & Andrei Zlate, 2018. "Monetary Policy Divergence and Net Capital Flows: Accounting for Endogenous Policy Responses," Supervisory Research and Analysis Working Papers RPA 18-5, Federal Reserve Bank of Boston.
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More about this item
Keywords
Trilemma; Structural VAR; Counterfactual VAR; Net capital inflows; Exchange rates;JEL classification:
- F3 - International Economics - - International Finance
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
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