This paper evaluates the literature on international unconventional monetary policies
(UMPs). Introducing market segmentation, limits-to-arbitrage, and time-consistent policy in …

We review and assess the monetary policy framework currently used by the Federal
Reserve, with special focus on policies that operate through the slope of the term structure …

This article analyses the effects of the Federal Reserve's quantitative easing (QE) on global
portfolio flows, differentiating across recipient region of the flows, type of flow and QE …

This paper assesses the financial market impact of ECB unconventional monetary policy
between 2007 and 2012. The paper looks at a broad range of asset prices and portfolio …

Countries' gross capital inflows are not equally affected by changes in global conditions.
Analyzing 21 advanced countries (ACs) and 33 emerging markets (EMs) between 2001 and …

They were supposed to be exceptional and temporary—hence the term 'unconventional'.
They risk becoming standard and permanent, as the boundaries of the unconventional are …

We employ a structural global VAR model to analyze whether US unconventional monetary
policy shocks, identified through changes in the central bank's balance sheet, have an …

We estimate international spillover effects of US Quantitative Easing (QE) on emerging
market economies (EMEs). Using a Bayesian panel VAR we find that an expansionary US …

We assess the importance of economic fundamentals in the transmission of international
shocks to financial markets in various emerging market economies (EMEs), covering the so …

Unconventional monetary policy such as Quantitative Easing (QE) is often considered to
have considerable spillover effects on emerging market economies (EME). Aims at …