Monetary Policy Coordination and the Role of Central Banks »
Journal Issue
Volume/Issue: 2014/70
Series: IMF Working Papers
Author(s): Rakesh Mohan , and Muneesh Kapur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 29 April 2014
DOI: http://dx.doi.org/10.5089/9781484362518.001
ISBN: 9781484362518
Keywords: coordination, unconventional monetary policy, monetary policies, monetary fund, central bank, Monetary Policy (Targets, Instruments, and Effects), International Monetary Arrangements and Institutions, International Policy Coordination and Transmission,
The unconventional monetary policies (UMPs) pursued by the advanced economies (AEs) have posed macroeconomic challenges for the emerging market economies (EMEs) through volatile capital flows and exchange rates. AE...