Global Financial Conditions and Monetary Policy Autonomy

Global Financial Conditions and Monetary Policy Autonomy
Is the Mundell-Fleming trilemma alive and well? International co-movement of asset prices takes place alongside synchronized business cycles, complicating the identification of financial spillovers and assessments of monetary policy autonomy. A benchmark for interest rate comovement is to impose the null hypothesis that central banks respond... READ MORE...

Publication date: June 2016
ISBN 9781484382066
$18.00

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Publication date: June 2016

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