Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock

Many argue that improvements in monetary policy frameworks in emerging market economies over the past few decades, have made them more resilient to external shocks. This paper exploits the May 2013 taper tantrum in the United States to study the reaction of 18 large emerging markets to an external s...

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Библиографическая информация
Главный автор: Bems, Rudolfs
Соавтор: IMF e-Library - York University
Другие авторы: Caselli, Francesca G., Grigoli, Francesco, Gruss, Bertrand
Формат: Электронная книга
Язык:English
Публикация: [Washington, D.C.] International Monetary Fund, [2019]
Серии:IMF working paper ; WP/19/75.
Предметы:
Online-ссылка:EBSCOhost
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