Macroeconomic implications for Hong Kong SAR of accommodative U.S. monetary policy / prepared by Papa N'Diaye.

This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in Hong Kong SAR has the potential to create inflation in both goods and asset markets....

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Bibliographic Details
Main Author: N'Diaye, Papa M'B. P. (Papa M'Bagnick Paté) (Author)
Corporate Author: International Monetary Fund. Asia and Pacific Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2009.
Series:IMF working paper ; WP/09/256.
Subjects:
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