G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w8828
来源IDWorking Paper 8828
Global Transmission of Interest Rates: Monetary Independence and Currency Regime
Jeffrey A. Frankel; Sergio L. Schmukler; Luis Serven
发表日期2002-03-07
出版年2002
语种英语
摘要Using a large sample of developing and industrialized economies during 1970-1999, this paper explores whether the choice of exchange rate regime affects the sensitivity of local interest rates to international interest rates. In most cases, we cannot reject full transmission of international interest rates in the long run, even for countries with floating regimes. Only large industrial countries can benefit, or choose to benefit, from independent monetary policy. However, short-run effects differ across regimes. Dynamic estimates show that interest rates of countries with more flexible regimes adjust more slowly to changes in international rates.
主题International Economics ; International Finance
URLhttps://www.nber.org/papers/w8828
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/566435
推荐引用方式
GB/T 7714
Jeffrey A. Frankel,Sergio L. Schmukler,Luis Serven. Global Transmission of Interest Rates: Monetary Independence and Currency Regime. 2002.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w8828.pdf(337KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Jeffrey A. Frankel]的文章
[Sergio L. Schmukler]的文章
[Luis Serven]的文章
百度学术
百度学术中相似的文章
[Jeffrey A. Frankel]的文章
[Sergio L. Schmukler]的文章
[Luis Serven]的文章
必应学术
必应学术中相似的文章
[Jeffrey A. Frankel]的文章
[Sergio L. Schmukler]的文章
[Luis Serven]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w8828.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。