Global transmission of interest rates [electronic resource] : monetary independence and the currency regime / Jeffrey Frankel, Sergio Schmukler, Luis Servén.

Hikes in U.S. interest rates in 1999-2000 have started to spill over to other economies' interest rates, which in many countries have risen to reflect the higher U.S. rates. Are countries with flexible exchange rates better able to isolate their domestic interest rates from this type of negativ...

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Bibliographic Details

Online Access:	Full Text (via Open Knowledge Repository)
Main Author:	Frankel, Jeffrey A.
Corporate Authors:	World Bank. Development Research Group. Macroeconomics and Growth, World Bank. Latin America and the Caribbean Regional Office. Office of the Chief Economist
Other Authors:	Schmukler, Sergio L., Serven, Luis
Format:	Electronic eBook
Language:	English
Published:	Washington, DC : World Bank, Development Research Group, Macroeconomics and Growth, and Latin America and the Caribbean Region, Chief Economist Unit
Series:	Policy research working papers ; 2424.
Subjects:	Interest rates. Interest rates > Developing countries. Foreign exchange rates. Monetary policy. Money > Tables. Money. Developing countries. Tables.