IMF study analyses Asian monetary policy channels


Asia's monetary policy transmission mechanisms are relatively resilient to global factors, according to a working paper published by the International Monetary Fund (IMF) on November 2.

The authors, Sonali Jain-Chandra and Filiz Unsal, suggest monetary policy transmission mechanisms in open economies could be impaired if interest rates are driven primarily by global factors, while the impact should be greater during periods of large capital inflows.

In Asia long-term interest rates are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: