Series: IMF Working Papers
Author(s): Giovanni Ganelli , and Nour Tawk
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 May 2016
Keywords: QQE; Spillovers; Emerging Asia; Japan
We use a Global VAR model to study spillovers from the Bank of Japan's quantitative and qualitative easing (QQE) on emerging Asia.1 Our main result is that, despite an appreciation of their currencies vis-à-vis the...