Global Transmission of Interest Rates
Download or Read eBook Global Transmission of Interest Rates PDF written by Jeffrey A. Frankel and published by World Bank Publications. This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle.
| Author | : Jeffrey A. Frankel |
| Publisher | : World Bank Publications |
| Total Pages | : 40 |
| Release | : 2000 |
| ISBN-10 | : |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis Global Transmission of Interest Rates by : Jeffrey A. Frankel
Book excerpt: 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 negative international shock? Less and less so, as economies become more integrated.
