The Effectiveness of Monetary Policy Transmission Under Capital Inflows (Record no. 157162)
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000 -LEADER | |
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fixed length control field | 02665nam a22004454a 4500 |
001 - CONTROL NUMBER | |
control field | WPIEA2012265 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | IMF |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190405175716.0 |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
fixed length control field | m o d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | cr cn||||||||| |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 020129s2012 dcu o i00 0 eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 1475525826 : |
Terms of availability | 18.00 USD |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
Cancelled/invalid ISBN | 9781475525823 |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 1018-5941 |
024 7# - OTHER STANDARD IDENTIFIER | |
Standard number or code | 10.5089/9781475525823.001 |
Source of number or code | doi |
035 ## - SYSTEM CONTROL NUMBER | |
System control number | (IMF)WPIEA2012265 |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | DcWaIMF |
Language of cataloging | eng |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Jain-Chandra, Sonali. |
245 14 - TITLE STATEMENT | |
Title | The Effectiveness of Monetary Policy Transmission Under Capital Inflows |
Medium | [electronic resource] : |
Remainder of title | Evidence from Asia / |
Statement of responsibility, etc | Sonali Jain-Chandra. |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | Washington, D.C. : |
Name of publisher, distributor, etc | International Monetary Fund, |
Date of publication, distribution, etc | 2012. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (19 p.) |
490 1# - SERIES STATEMENT | |
Series statement | IMF Working Papers; Working Paper ; |
Volume number/sequential designation | No. 12/265 |
520 3# - SUMMARY, ETC. | |
Summary, etc | The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates are driven primarily by global factors, especially during periods of large capital inflows. The main objective of this paper is to assess whether this is true for emerging Asia's economies. Using a dynamic factor model and a structural vector auto-regression model, we show that long-term interest rates in Asia are indeed predominantly driven by global factors. However, monetary policy transmission mechanism remains effective in the region, as it operates predominantly through short-term interest rates. Nevertheless, the monetary transmission mechanism, though effective, is somewhat weaker in Asia during the periods of surges in capital inflows. |
588 ## - SOURCE OF DESCRIPTION NOTE | |
Source of description note | Description based on print version record. |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Bond Yields |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Dynamic Factor Model |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Long-Term Interest Rates |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Monetary Policy (Targets, Instruments, and Effects) |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Monetary Policy Transmission |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Open Economy Macroeconomics |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | China, People's Republic of |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Hong Kong Special Administrative Region of China |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Indonesia |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Thailand |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | United States |
Source of heading or term | imf |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Unsal, Filiz. |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
Display text | Print Version: |
Main entry heading | Jain-Chandra, Sonali. |
Title | The Effectiveness of Monetary Policy Transmission Under Capital Inflows : Evidence from Asia |
Place, publisher, and date of publication | Washington, D.C. : International Monetary Fund, 2012. |
International Standard Book Number | 9781475525823 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | IMF Working Papers; Working Paper ; |
Volume number/sequential designation | No. 12/265 |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://elibrary.imf.org/view/IMF001/20076-9781475525823/20076-9781475525823/20076-9781475525823.xml">http://elibrary.imf.org/view/IMF001/20076-9781475525823/20076-9781475525823/20076-9781475525823.xml</a> |
Public note | IMF e-Library |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://www.imfbookstore.org/IMFORG/9781475525823">http://www.imfbookstore.org/IMFORG/9781475525823</a> |
Public note | IMF Book Store |
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