Series: IMF Working Papers
Author(s): Prachi Mishra , Kenji Moriyama , Papa N'Diaye , and Lam Nguyen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 June 2014
Keywords: tapering, Fed policy announcements, vulnerability, stock market, bond, capital inflows, capital flow, Open Economy Macroeconomics, International Policy Coordination and Transmission,
This paper analyzes market reactions to the 2013-14 Fed announcements relating to tapering of asset purchases and their relationship to macroeconomic fundamentals and country economic and financial structures. The...