Money matters: global banks, safe assets and monetary autonomy

This paper depicts an often neglected channel of transmission of monetary policy, namely international safety appetite, as an important source of production and risk-taking international monetary spillovers. The model features a local economy with exogenous financial frictions that lead firms to nee...

Full description

Autores:
Flórez Orrego, Sergio Andrés
Tipo de recurso:
Fecha de publicación:
2021
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
eng
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/50893
Acceso en línea:
http://hdl.handle.net/1992/50893
Palabra clave:
Política monetaria
Cambio exterior
Bancos centrales
Mercado de bonos
Política económica
Economía
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/