Spillover Implications of Differences in Monetary Conditions in the United States and the Euro Area /

This report analyzes the possible spillover effects that could result if the U.S. normalizes its monetary policy while euro area countries are increasing monetary stimulus (a situation referred to as asynchronous monetary conditions). This analysis identifies country-specific shocks to economic acti...

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Bibliographic Details
Main Author: Osorio Buitron, Carolina
Other Authors: Vesperoni, Esteban
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:Spillover Notes; Spillover Notes ; No. 2016/001
Online Access:Full text available on IMF
Description
Summary:This report analyzes the possible spillover effects that could result if the U.S. normalizes its monetary policy while euro area countries are increasing monetary stimulus (a situation referred to as asynchronous monetary conditions). This analysis identifies country-specific shocks to economic activity and monetary conditions since the early 1990s, finding that real and monetary conditions in the United States and the euro area have oftentimes been asynchronous and have often resulted in significant spillover effects, particularly since early 2014.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:2522-7890
Access:Electronic access restricted to authorized BRAC University faculty, staff and students