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Published in 2017 at "Open Economies Review"
DOI: 10.1007/s11079-017-9437-0
Abstract: This paper explores the direct effects and spillovers of unconventional monetary and exchange rate policies. We find that official purchases of foreign assets have a large positive effect on a country’s current account that diminishes…
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Keywords:
monetary exchange;
unconventional monetary;
rate policies;
exchange rate ... See more keywords