Good Policies or Good Luck? New Insights on Globalization and the International Monetary Policy Transmission Mechanism
The open-economy dimension is central to the discussion of the trade-offs that monetary policy faces in an increasingly integrated world. I investigate the monetary policy transmission mechanism in a two-country workhorse New Keynesian model where policy is set according to Taylor (in: Carnegie-Roch...
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| Format: | Article |
| Language: | English |
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Springer New York LLC
2019
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| Online Access: | View Fulltext in Publisher |