Series: IMF Working Papers
Author(s): Sohrab Rafiq
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 January 2015
Keywords: unconventional monetary policy, interest rates, exchange rate, international monetary fund, Monetary Policy (Targets, Instruments, and Effects), Open Economy Macroeconomics,
This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have...