Global Transmission of Interest Rates : Monetary Independence and the Currency Regime / Schmukler, Sergio

August 2000 - 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 t...

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Bibliographic Details
Main Authors:Schmukler, Sergio L.
Other Authors:Servén, Luis
Frankel, Jeffrey A., 1952-
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2000
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