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The impact of Chinese monetary policy shocks on East and South-East Asia

✍ Scribed by Tomasz Koluk; Aaron Mehrotra


Book ID
111058941
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
574 KB
Volume
17
Category
Article
ISSN
0967-0750

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## Abstract This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central–eastern Europe. We mitigate the small‐sample problem, which is especially acute for the NMS, by using a Bayesian estimation that comb