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Research Article

International Spillover Effects of Quantitative Easing Policy: A Case Study on the U.S. and Japan

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References

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  • Crespo Cuaresama, J., G. Doppelhofer, M. Feldkircher, and F. Huber. 2019. “Spillovers from US Monetary Policy: Evidence from a Time Varying Parameter Global Vector Autoregressive Model.” Journal of the Royal Statistical Society: Series A (Statistics in Society) 182 (3): 831–861. doi:https://doi.org/10.1111/rssa.12439.
  • Deckle, R., and K. Hamada. 2015. “Japanese Monetary Policy and International Spillovers.” Journal of International Money and Finance 52: 175–199. doi:https://doi.org/10.1016/j.jimonfin.2014.11.018.
  • Geweke, J. 1992. “Evaluating the Accuracy of Sampling-based Approaches to the Calculation of Posterior Moments.” In Bayesian Statistics, edited by J. M. Bernardo, J. O. Berger, A. P. Dawid, and A. F. M. Smith, 169–188. Vol. 4. New York: Oxford University Press.
  • Ijiri, H., and Y. Matsubayashi. 2019. “Quantitative Easing Policy, Exchange Rates and Business Activity by Industry in Japan from 2001–2006.” The Singapore Economic Review 1–28. doi:https://doi.org/10.1142/S0217590819500139.
  • Miyao, R., and T. Okimoto. 2017. “The Macroeconomic Effects of Japan’s Unconventional Monetary Policies.” RIETI Discussion Paper Series, 17-E-065.
  • Nakajima, J. 2011. “Time-varying Parameter VAR Model with Stochastic Volatility: An Overview of Methodology and Empirical Applications.” Monetary and Economic Studies 29: 107–142.

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