Macroeconomic implications for Hong Kong SAR of accommodative U.S. monetary policy / prepared by Papa N'Diaye.
This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in Hong Kong SAR has the potential to create inflation in both goods and asset markets....
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Format: | Electronic eBook |
Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
©2009.
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Series: | IMF working paper ;
WP/09/256. |
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Internet
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HG230.3 .N352 2009eb
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HG230.3 .N352 2009eb | Available |