Monetary Transmission of Global Imbalances in Asian Countries »
Journal Issue
Volume/Issue: 2010/214
Series: IMF Working Papers
Author(s): Il Lee , and Woon Choi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2010
DOI: http://dx.doi.org/10.5089/9781455205455.001
ISBN: 9781455205455
Keywords: global imbalance, monetary transmission, net saving rates, dynamic panel, monetary fund, real rates, real output,
The paper explores the linkages between the global and domestic monetary gaps, and estimates the effects of monetary gaps on output growth, inflation, and net saving rates using panel data for 20 Asian countries fo...