Spillover Implications of Differences in Monetary Conditions in the United States and the Euro Area

Spillover Implications of Differences in Monetary Conditions in the United States and the Euro Area
This report analyzes the possible spillover effects that could result if the U.S. normalizes its monetary policy while euro area countries are increasing monetary stimulus (a situation referred to as asynchronous monetary conditions). This analysis identifies country-specific shocks to economic activity and monetary conditions since the early... READ MORE...

Publication date: July 2015
ISBN 9781513551708
$18.00

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