I discuss how the unconventional monetary policy measures implemented over the past
several years-quantitative and credit easing, and forward guidance-can be analysed in the …

Some emerging economies have a relatively ineffective monetary policy transmission owing
to weaknesses in the domestic financial system and the presence of a large and segmented …

This paper examines the claim that exchange rate regimes are of little salience in the
transmission of global financial conditions to domestic financial and macroeconomic …

We investigate the effects of US unconventional monetary policies on sovereign yields,
foreign exchange rates, and stock prices in emerging market economies (EMEs), and we …

The GCC countries maintain a policy of open capital accounts and a pegged (or nearly-
pegged) exchange rate, thereby reducing their freedom to run an independent monetary …

This paper quantifies the economic impact of changes in US monetary policy on emerging
market countries. We explore empirically how country risk, as proxied by sovereign bond …

During the 2008-2009 global financial crisis, emerging market economies (EMEs) loosened
monetary policy considerably to cushion the shock. In previous crises episodes, by contrast …

This paper explores the nature of macroeconomic spillovers from advanced economies to
emerging market economies (EMEs) and the consequences for independent use of …

This paper studies how changes in the federal funds rate by the US Federal Reserve affect
the eurozone economy. In our analysis, the international transmission mechanism works …

This paper evaluates the capacity of emerging market economies (EMEs) to moderate the
domestic impact of global financial and monetary forces through their own monetary …