FRB,IFDP Paper: U.S. Monetary Policy Spillovers to Emerging Markets: Both Shocks and Vulnerabilities Matter(Revised)
IFDP Paper: U.S. Monetary Policy Spillovers to Emerging Markets: Both Shocks and Vulnerabilities Matter(Revised) 2024-10-25 20:00 Federal Reserve Bank Abstract This paper examines the spillovers of U.S. monetary policy to emerging markets (EMs). We use a large sample of monthly data from 1990 to 2022 to estimate the effects of U.S. interest rate shocks on … Read more