Title

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

Papa N'Diaye

Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy

This paper discusses the potential macroeconomic implications for Hong Kong SAR of accommodative monetary policy in the United States. It shows, through model simulations, that a resumption of the credit channel in Hong Kong SAR has the potential to create inflation in both goods and asset markets...
Topics: 
Economy
Keywords: 
Inflation, Monetary Policy