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US monetary policy uncertainty drives global business cycles

Lastauskas, Povilas and Nguyen, Anh D. M. (2021) US monetary policy uncertainty drives global business cycles. LSE Business Review (01 Feb 2021). Blog Entry.

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Abstract

Though the reactions of economic activities in the US and globally to FED policy are well documented, the global impacts of unexpected changes in the US monetary policy uncertainty are still less understood. Povilas Lastauskas and Anh D. M. Nguyen highlight the role of uncertainty in generating synchronised worldwide contraction and rationalising the global economy’s slow recovery from global financial crisis. Despite the common wisdom that the US is a large economy with ignorable effects from the rest of the world, the spillback effects are non-trivial.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 26 Mar 2021 14:57
Last Modified: 26 Jun 2021 23:29
URI: http://eprints.lse.ac.uk/id/eprint/109050

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