This paper reviews the monetary transmission mechanism in low-income countries (LICs).
We use the standard description of monetary transmission as a benchmark to identify …

This paper empirically investigates the effectiveness of monetary policy transmission in the
Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model …

This paper investigates the cross‐border propagation of US monetary policy shocks to the
financial markets of five open countries—Australia, Canada, New Zealand, South Korea …

This paper revisits the transmission of monetary policy by constructing a novel dataset of
monetary policy shocks for an unbalanced sample of 33 advanced and emerging market …

We examine the euro area monetary policy transmission process using post-1999 data, with
two main questions in mind: has it changed after-and because of-EMU and, if so, is it …

We show significant US monetary policy (MP) spillovers to international bond markets. Our
methodology identifies US MP shocks as the change in short-term Treasury yields around …

This paper reviews monetary transmission mechanisms in low-income countries (LICs) to
identify aspects of the channels that may operate differently in LICs relative to advanced and …

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

We explore how the sources of shocks driving interest rates, country vulnerabilities, and
central bank communications affect the spillovers of US monetary policy changes to …