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Globalization: The Elephant in the Room That Is No More

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Abstract

Unlike what has been conventionally argued, the forces of globalization appear to be?if anything?a headwind to the conduct of monetary policy for the purpose of macroeconomic stabilization.

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  • Enrique Martínez García, 2014. "Globalization: The Elephant in the Room That Is No More," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 2-9.
  • Handle: RePEc:fip:feddgm:00023
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    References listed on IDEAS

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    9. Claudio E. V. Borio & Andrew Filardo, 2007. "Globalisation and inflation: New cross-country evidence on the global determinants of domestic inflation," BIS Working Papers 227, Bank for International Settlements.
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