Financial globalisation, monetary policy spillovers and macro-modelling: tales from 1001 shocks
"Financial globalisation and spillovers have gained immense prominence over the last two decades. Yet, powerful cross-border ?nancial spillover channels have not become a standard element of structural monetary models. Against this background, we hypothesise that New Keynesian DSGE models that...
Main Authors: | Georgiadis, Georgios, Jancokova, Martina |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Frankfurt am Main
2017
ECB |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19287375124910055579-Financial-globalisation,-monet.htm |
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