International transmission of U.S. monetary policy and its determinants.

• Main Authors: Lin, Zhanyi., Sim, Jessamine Yi Hui., Yew, Lee Peng.
• Other Authors: Chong Beng Soon
• Format: Final Year Project
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Finance::Monetary policy
• Online Access: http://hdl.handle.net/10356/15076
• Institution: Nanyang Technological University

This paper investigates the transmission of changes in U.S. monetary policy to other countries’ interest rates. More specifically, we examine the extent to which changes in the U.S. Federal Funds rate affect the monthly average one-month interbank rates of other countries, in short, the degree of pa...