The Transmission of Federal Reserve Tapering News to Emerging Financial Markets
2014
200 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/b9de2e36dd741c39ae6f927bc29fb022d455e59d
Citations in the corpus
- Spillovers of U.S. unconventional monetary policy to emerging markets: The role of capital flows (2017, unknown): “First, it is connected to studies that investigate the effect of the Fed’s UMP on EMEs (financial) conditions in event studies or similar frameworks (Aizenman et al., 2014, Eichengreen and Gupta, 2014, Bowman et al., 2015). For example, Bowman et al. (2015) investigate the response of sovereign bond”
- Push Factors and Capital Flows to Emerging Markets: Why Knowing Your Lender Matters More than Fundamentals (2015, unknown): “While Prachi et al. (2014), and Ahmed et al. (2014), Aizenman et al. (2014) and Eichengreen and Gupta (2014) also address the issue of investors’ differentiation across markets in times of stress, these studies all focus on the dynamics of prices in recipient markets - rather than non-resident…”
- How Important is the Global Financial Cycle? Evidence from Capital Flows (2017, unknown): “Aizenman et al. (2016) also find that economies that pursue greater exchange rate stability and financial openness face stronger links with center economies’ monetary policies. Han and Wei (2016) find that a flexible exchange rate regime confers monetary policy autonomy when the center country raise”
- Unconventional monetary policy and the spillovers to emerging markets (2016, unknown): “The empirical literature so far typically studies the response of high-frequency financial data to QE announce- 1See Eichengreen and Gupta (2013) and Aizenman et al. (2014) for early empirical analyses of the emerging market response to tapering. ments or includes QE announcements among other…”
- Effects of US quantitative easing on emerging market economies (2015, unknown): “2008m1 2010m1 2012m1 2014m1 Date QE shocks (rescaled, left axis) Reduced-form shocks to log(securities) (left axis) Growth rates in securities held outright (right axis) Figure 10: Identified US QE shocks and the growth rate of securities held outright by the Federal Reserve Notes: The vertical line”