The empirics of international monetary transmission: Identification and the impossible trinity.
The transmission of monetary policy across borders is central to many open economy models. Research has tried to evaluate the " impossible trinity" through estimating international interest rate linkages under alternative exchange rate regimes using realized base country interest rates. Su...
| Main Authors: | , |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Blackwell Publishing
2010
|