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Monetary Policy's Rising FX Impact in the Era of Ultra-Low Rates
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References

  • 2001Monetary policy surprises and interest rates: Evidence from the Fed funds futures market2,054 cited
  • 2004Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements1,566 cited
  • 2008Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence1,391 cited
  • 2013Risk, uncertainty and monetary policy1,237 cited
  • 2011The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy1,198 cited
  • 2012Carry Trades and Global Foreign Exchange Volatility925 cited
  • 2005Exchange Rates and Fundamentals808 cited
  • 1999Price Formation and Liquidity in the U.S. Treasury Market: The Response to Public Information799 cited
  • 2012The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases704 cited
  • 2013Pricing the term structure with linear regressions703 cited
  • 2012Flow and stock effects of large-scale treasury purchases: Evidence on the importance of local supply655 cited
  • 2014Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates595 cited
  • 2012What does Monetary Policy do to Long‐term Interest Rates at the Zero Lower Bound?531 cited
  • 2018Identification in Macroeconomics429 cited

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2014
Unconventional monetary policy had large international effects
419 cited
  • 2012The Response of Interest Rates to US and UK Quantitative Easing344 cited
  • Cited by

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    • 2018Explaining Monetary Spillovers: The Matrix Reloaded55 cited
    • 2018International Spillovers of Monetary Policy: Conventional Policy vs. Quantitative Easing40 cited
    • 2018Unconventional Monetary Policy and Bank Risk Taking35 cited
    • 2018Non-Monetary News in Central Bank Communication34 cited
    • 2020International Evidence on Shock-Dependent Exchange Rate Pass-Through32 cited
    • 2019The divergence of bank lending rates from policy rates after the financial crisis: The role of bank funding costs30 cited
    • 2021Losing traction? The real effects of monetary policy when interest rates are low30 cited
    • 2019ECB Spillovers and domestic monetary policy effectiveness in small open economies28 cited
    • 2018The portfolio of euro area fund investors and ECB monetary policy announcements22 cited
    • 2020U.S. unconventional monetary policy and risk tolerance in major currency markets18 cited
    • 2023Does the Exchange Rate Respond to Monetary Policy in Mexico? Solving an Exchange Rate Puzzle in Emerging Markets14 cited
    • 2019Has Higher Household Indebtedness Weakened Monetary Policy Transmission?14 cited
    • 2023The impact of Bank of Japan’s exchange-traded fund purchases13 cited