The Role of International Financial Integration in Monetary Policy Transmission
The Role of International Financial Integration in Monetary Policy Transmission
About this item
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Publisher
London: Palgrave Macmillan UK
Journal title
Language
English
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Publisher
London: Palgrave Macmillan UK
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Scope and Contents
Contents
Motivated by empirical evidence, we propose an open-economy New Keynesian model with financial integration that allows financial intermediaries to hold foreign long-term bonds. We find financial integration features an amplification for a domestic monetary policy shock and a negative spillover for a foreign shock. These results hold for conventiona...
Alternative Titles
Full title
The Role of International Financial Integration in Monetary Policy Transmission
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_gale_infotracmisc_A822255532
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotracmisc_A822255532
Other Identifiers
ISSN
2041-4161
E-ISSN
2041-417X
DOI
10.1057/s41308-024-00241-2
