The International Monetary Transmission Mechanism
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Santiago Camara & Lawrence Christiano & Hüsnü Dalgic, 2024. "The International Monetary Transmission Mechanism," NBER Chapters, in: NBER Macroeconomics Annual 2024, volume 39, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Gourinchas, Pierre-Olivier & Ray, Walker & Vayanos, Dimitri, 2022.
"A Preferred-Habitat Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers,"
CEPR Discussion Papers
17119, C.E.P.R. Discussion Papers.
- Pierre-Olivier Gourinchas & Walker D. Ray & Dimitri Vayanos, 2022. "A Preferred-Habitat Model of Term Premia, Exchange Rates, and Monetary Policy Spillovers," NBER Working Papers 29875, National Bureau of Economic Research, Inc.
- Adrien Auclert & Matthew Rognlie & Martin Souchier & Ludwig Straub, 2021.
"Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel,"
NBER Working Papers
28872, National Bureau of Economic Research, Inc.
- Auclert, Adrien & Rognlie, Matthew & Souchier, Martin & Straub, Ludwig, 2021. "Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel," CEPR Discussion Papers 16198, C.E.P.R. Discussion Papers.
- Stephen D. Williamson, 1987.
"Costly Monitoring, Loan Contracts, and Equilibrium Credit Rationing,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(1), pages 135-145.
- Stephen D. Williamson, 1984. "Costly Monitoring, Loan Contracts and Equilibrium Credit Rationing," Working Paper 572, Economics Department, Queen's University.
- William Poole, 1969.
"Optimal choice of monetary policy instruments in a simple stochastic macro model,"
Special Studies Papers
2, Board of Governors of the Federal Reserve System (U.S.).
- William Poole, 1970. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Staff Studies 57, Board of Governors of the Federal Reserve System (U.S.).
- Lawrence Christiano & Husnu Dalgic & Armen Nurbekyan, 2021. "Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?," CRC TR 224 Discussion Paper Series crctr224_2021_306, University of Bonn and University of Mannheim, Germany.
- Rudebusch, Glenn D, 1998.
"Do Measures of Monetary Policy in a VAR Make Sense?,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(4), pages 907-931, November.
- Rudebusch, G.D., 1996. "Do Measures of Monetary Policy in a VAR Make Sense?," Papers 269, Banca Italia - Servizio di Studi.
- Glenn D. Rudebusch, 1996. "Do measures of monetary policy in a VAR make sense?," Working Papers in Applied Economic Theory 96-05, Federal Reserve Bank of San Francisco.
- Eichengreen, Barry & Gupta, Poonam, 2015.
"Tapering talk: The impact of expectations of reduced Federal Reserve security purchases on emerging markets,"
Emerging Markets Review, Elsevier, vol. 25(C), pages 1-15.
- Eichengreen,Barry J. & Gupta,Poonam - DECOS, 2014. "Tapering talk : the impact of expectations of reduced federal reserve security purchases on emerging markets," Policy Research Working Paper Series 6754, The World Bank.
- Eichengreen, Barry & Gupta, Poonam, 2014. "Tapering Talk: The Impact of Expectations of Reduced Federal Reserve Security Purchases on Emerging Markets," MPRA Paper 53040, University Library of Munich, Germany.
- Rudebusch, Glenn D, 1998. "Do Measures of Monetary Policy in a VAR Make Sense? A Reply," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(4), pages 943-948, November.
- William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(2), pages 197-216.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Charles Nolan, 2002.
"Monetary Stabilisation Policy in a Monetary Union: Some Simple Analytics,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 49(2), pages 196-215, May.
- Andrew Brigden & Charles Nolan, 1999. "Monetary stabilisation policy in a monetary union: some simple analytics," Bank of England working papers 102, Bank of England.
- Dahlhaus, Tatjana & Vasishtha, Garima, 2021. "Reprint: Monetary policy news in the US: Effects on emerging market capital flows," Journal of International Money and Finance, Elsevier, vol. 114(C).
- Monticello, Carlo & Tristani, Oreste, 1999. "What does the single monetary policy do? A SVAR benchmark for the European Central Bank," Working Paper Series 2, European Central Bank.
- Dahlhaus, Tatjana & Vasishtha, Garima, 2020. "Monetary policy news in the US: Effects on emerging market capital flows," Journal of International Money and Finance, Elsevier, vol. 109(C).
- Tatjana Dahlhaus & Garima Vasishtha, 2014. "The Impact of U.S. Monetary Policy Normalization on Capital Flows to Emerging-Market Economies," Staff Working Papers 14-53, Bank of Canada.
- Kui-Wai Li, 2013.
"The US monetary performance prior to the 2008 crisis,"
Applied Economics, Taylor & Francis Journals, vol. 45(24), pages 3450-3461, August.
- Li, Kui-Wai, 2012. "The US monetary performance prior to the 2008 crisis," MPRA Paper 41036, University Library of Munich, Germany.
- Hwang, Chiun-Lin, 1989. "Optimal monetary policy in an open macroeconomic model with rational expectation," ISU General Staff Papers 1989010108000010197, Iowa State University, Department of Economics.
- Ireland, Peter N., 2003.
"Endogenous money or sticky prices?,"
Journal of Monetary Economics, Elsevier, vol. 50(8), pages 1623-1648, November.
- Peter N. Ireland, 2001. "Endogenous Money or Sticky Prices?," Boston College Working Papers in Economics 499, Boston College Department of Economics.
- Peter N. Ireland, 2002. "Endogenous Money or Sticky Prices?," NBER Working Papers 9390, National Bureau of Economic Research, Inc.
- Rui Manuel Pereira, Alfredo Marvao Pereira and William J. Hausman, 2017.
"Railroad Infrastructure Investments and Economic Development in the Antebellum United States,"
Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 42(3), pages 1-16, September.
- Rui M. Pereira & William J. Hausman & Alfredo Marvão Pereira, 2016. "Railroad Infrastructure Investments and Economic Development in the Antebellum United States," Working Papers 153, Department of Economics, College of William and Mary.
- Fair, Ray C., 1988.
"Optimal choice of monetary policy instruments in a macroeconometric model,"
Journal of Monetary Economics, Elsevier, vol. 22(2), pages 301-315, September.
- Ray C. Fair, 1987. "Optimal Choice of Monetary Policy Instruments in a Macroeconometric Model," NBER Working Papers 2150, National Bureau of Economic Research, Inc.
- Ray C. Fair, 1987. "Optimal Choice of Monetary Policy Instruments in a Macroeconometric Model," Cowles Foundation Discussion Papers 818, Cowles Foundation for Research in Economics, Yale University.
- An, Lian & Kim, Gil & Ren, Xiaomei, 2014. "Is devaluation expansionary or contractionary: Evidence based on vector autoregression with sign restrictions," Journal of Asian Economics, Elsevier, vol. 34(C), pages 27-41.
- Rajesh Singh & Chetan Subramanian, 2008. "The optimal choice of monetary policy instruments in a small open economy," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 41(1), pages 105-137, February.
- Sutherland, Alan, 1995.
"Monetary and real shocks and the optimal target zone,"
European Economic Review, Elsevier, vol. 39(1), pages 161-172, January.
- Alan Sutherland, "undated". "Monetary and Real Shocks and the Optimal Target Zone," Discussion Papers 92/7, Department of Economics, University of York.
- Singh, Prakash & Pandey, Manoj K., 2009.
"Structural break, stability and demand for money in India,"
MPRA Paper
15425, University Library of Munich, Germany.
- Prakash Singh & Manoj K. Pandey, 2009. "Structural Break, Stability and Demand for Money in India," ASARC Working Papers 2009-07, The Australian National University, Australia South Asia Research Centre.
- Jef Boeckx & Maarten Dossche & Alessandro Galesi & Boris Hofmann & Gert Peersman, 2019.
"Do SVARs with sign restrictions not identify unconventional monetary policy shocks?,"
Working Papers
1926, Banco de España.
- Jef Boeckx & Maarten Dossche & Alessandro Galesi & Boris Hofmann & Gert Peersman, 2019. "Do SVARs with Sign Restrictions Not Identify Unconventional Monetary Policy Shocks?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/973, Ghent University, Faculty of Economics and Business Administration.
- Jef Boeckx & Maarten Dossche & Alessandro Galesi & Boris Hofmann & Gert Peersman, 2019. "Do SVARs with sign restrictions not identify unconventional monetary policy shocks?," BIS Working Papers 788, Bank for International Settlements.
- Jef Boeckx & Maarten Dossche & Alessandro Galesi & Boris Hofmann & Gert Peersman, 2019. "Do SVARs with sign restrictions not identify unconventional monetary policy shocks ?," Working Paper Research 372, National Bank of Belgium.
- Laurence Ball, 2002.
"Policy Rules and External Shocks,"
Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series (ed.),Monetary Policy: Rules and Transmission Mechanisms, edition 1, volume 4, chapter 3, pages 047-064,
Central Bank of Chile.
- Laurence Ball, 2000. "Policy Rules and External Shocks," NBER Working Papers 7910, National Bureau of Economic Research, Inc.
- Laurence Ball, 2000. "Policy Rules and External Shocks," Working Papers Central Bank of Chile 82, Central Bank of Chile.
- Croushore, Dean & Evans, Charles L., 2006.
"Data revisions and the identification of monetary policy shocks,"
Journal of Monetary Economics, Elsevier, vol. 53(6), pages 1135-1160, September.
- Dean Croushore & Charles L. Evans, 2000. "Data revisions and the identification of monetary policy shocks," Working Paper Series WP-00-26, Federal Reserve Bank of Chicago.
- Dean Croushore & Charles L. Evans, 2003. "Data revisions and the identification of monetary policy shocks," Working Papers 03-1, Federal Reserve Bank of Philadelphia.
- Dean Croushore & Charles L. Evans, 2000. "Data Revisions and the Identification of Monetary Policy Shocks," Econometric Society World Congress 2000 Contributed Papers 0842, Econometric Society.
- Stanley Black, 1984. "The Relationship between Exchange Rate Policy and Monetary Policy in Ten Industrial Countries," NBER Chapters, in: Exchange Rate Theory and Practice, pages 499-516, National Bureau of Economic Research, Inc.
- Marika Karanassou & Hector Sala, 2012.
"Productivity Growth And The Phillips Curve: A Reassessment Of The Us Experience,"
Bulletin of Economic Research, Wiley Blackwell, vol. 64(3), pages 344-366, July.
- Marika Karanassou & Hector Sala, 2008. "Productivity Growth and the Phillips Curve: A Reassessment of the US Experience," Discussion Papers 2008-06, School of Economics, The University of New South Wales.
- Karanassou, Marika & Sala, Hector, 2009. "Productivity Growth and the Phillips Curve: A Reassessment of the US Experience," IZA Discussion Papers 4299, Institute of Labor Economics (IZA).
- Marika Karanassou & Hector Sala, 2008. "Productivity Growth and the Phillips Curve: A Reassessment of the US Experience," Working Papers 623, Queen Mary University of London, School of Economics and Finance.
- Hannes Draack, 2018. "Monetary Policy with Imperfect Signals: The Target Problem in a New Monetarist Approach," ECON - Working Papers 296, Department of Economics - University of Zurich.
More about this item
Keywords
US Monetary Policy Spillovers. Exchange Rate OvershooƟng. Financial FricƟons. Trade and Monetary Policy Transmission;JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bon:boncrc:crctr224_2024_608. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CRC Office (email available below). General contact details of provider: https://www.crctr224.de .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.