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Interest rate spillovers from the United States : expectations, term premia and macro-financial vulnerabilities. (2019). Moessner, Richhild ; Shu, Chang ; Mehrotra, Aaron.
In: BOFIT Discussion Papers.
RePEc:bof:bofitp:2019_020.

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Cited: 8

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Cites: 26

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Cocites: 27

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Citations received by this document

  1. International Spillovers of Monetary Policy: Conventional Policy vs. Quantitative Easing. (2023). Kamin, Steven B ; Curcuru, Stephanie E ; Rodriguez, Marius ; Li, Canlin.
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2023:q:1:a:3.

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  2. Asymmetric spillovers in emerging market monetary policy. (2022). Eterovic, Dalibor ; Sweet, Cassandra.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:82:y:2022:i:c:p:650-662.

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  3. Do Fundamentals Explain Differences between Euro Area Sovereign Interest Rates?. (2021). Pamies, Stephanie ; Carnot, Nicolas ; Ptru, Anda.
    In: European Economy - Discussion Papers.
    RePEc:euf:dispap:141.

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  4. The international spillover effects of US monetary policy uncertainty. (2021). Moreland, Timothy ; Lakdawala, Aeimit ; Schaffer, Matthew.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:133:y:2021:i:c:s0022199621001057.

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  5. Measuring the effects of U.S. uncertainty and monetary conditions on EMEs macroeconomic dynamics. (2020). Trecroci, Carmine ; Rivolta, Giulia.
    In: MPRA Paper.
    RePEc:pra:mprapa:99403.

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  6. Financial globalisation, monetary policy spillovers and macro-modelling: Tales from 1001 shocks. (2020). Georgiadis, Georgios ; Janokova, Martina.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:121:y:2020:i:c:s0165188920301937.

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  7. Financial market development and monetary policy. (2020). Schanz, Jochen ; Mehrotra, Aaron.
    In: BIS Papers chapters.
    RePEc:bis:bisbpc:113-01.

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  8. The emerging market reaction to Fed tightening. (2019). Beniak, Patrycja.
    In: MPRA Paper.
    RePEc:pra:mprapa:96545.

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References

References cited by this document

  1. Aaron Mehrotra, Richhild Moessner and Chang Shu Interest rate spillovers from the United States: expectations, term premia and macro-financial vulnerabilities Kose, M A, C Lakatos, F Ohnsorge and M Stocker (2017): “The global role of the U.S. economy. Linkages, policies and spillovers”, World Bank Policy Research Working Paper no. 7962.

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  6. Amstad, M, E Remolona and J Shek (2016): “How do global investors differentiate between sovereign risks? The new normal versus the old”, Journal of International Money and Finance 66, pp. 32–48.

  7. Bank for International Settlements (2018): The Annual Economic Report 2018.

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  9. BOFIT- Institute for Economies in Transition Bank of Finland BOFIT Discussion Papers 20/2019
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  10. Bruno, V and H S Shin (2015): “Capital flows and the risk-taking channel of monetary policy”, Journal of Monetary Economics 71, pp. 119–32.

  11. Caceres, C, Y Carriere-Swallow, I Demir and B Gruss (2016): “U.S. monetary policy normalization and global interest rates”, IMF Working Paper, no 16/195.
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  12. Claessens, S, L Stracca and F Warnock (2016): “International dimensions of conventional and unconventional monetary policy”, Journal of International Money and Finance 67, pp. 1–7.
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  13. Cohen, B, P Hördahl and D Xia (2018): “Term premia: models and some stylised facts”, BIS Quarterly Review, September, pp. 79–91.

  14. Curcuru, S, S Kamin, C Li and M Rodriguez (2018): “International spillovers of monetary policy: conventional policy vs quantitative easing”, Board of Governors of the Federal Reserve System, International Finance Discussion Papers, no 1234.

  15. Eichengreen, B and P Gupta (2015): “Tapering talk: The impact of expectations of reduced Federal Reserve security purchases on emerging markets”, Emerging Markets Review 25, pp. 1–15.

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  17. Hofmann, B and E Takats (2015): “International monetary spillovers“, BIS Quarterly Review, September, pp. 105–18.

  18. Hofmann, B, I Shim and H S Shin (2017): “Sovereign yields and the risk-taking channel of currency appreciation”, BIS Working Papers, no. 538.
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  19. Kearns, J, A Schrimpf and D Xia (2018): “Explaining Monetary Spillovers: The Matrix Reloaded, ” SSRN Working Paper.

  20. McCauley, R, P McGuire and V Sushko (2015): “Global dollar credit: links to US monetary policy and leverage”, Economic Policy 30(82), pp. 187–229.

  21. Mihaljek, D (2008): “The financial stability implications of increased capital flows for emerging market economies”, In: BIS Papers No 44, pp. 11–44.

  22. Mishra, P, P N’Diaye and L Nguyen (2018): “Effects of Fed announcements on emerging markets: What determines financial market reactions?”, IMF Economic Review, forthcoming.

  23. Obstfeld, M (2015): “Trilemmas and trade-offs: living with financial globalisation”, BIS Working Papers, no 480, January.

  24. Rey, H (2013): “Dilemma not trilemma: the global financial cycle and monetary policy independence ”, Jackson Hole Symposium Proceedings.
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  25. Turner, P (2014): “The global long-term interest rate, financial risks and policy choices in EMEs”, BIS Working Paper, no 441.

  26. Turner, P, Hördahl, P and J Sobrun (2016): “Low long-term interest rates as a global phenomenon ”, BIS Working Paper, no 574.

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