Arbatli, Elif; Furceri, Davide; González, Pablo; … - 2024
We provide new evidence on the spillover effects from US monetary policy, focusing on the nature of the shocks driving … movements in US interest rates. With an SVAR-IV model used to identify monetary policy, demand, and supply shocks, we find that …-term, while an exogenous tightening of monetary policy would have a large negative spillover effect. Spillovers from US monetary …