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Global Spillovers in a Low Interest Rate Environment  

Sushant Acharya and Paolo Pesenti

Online publication date:
May 2019
Global policy spillovers can be defined as the effect of policy changes in one country on economic outcomes in other countries. The literature has mainly focused on monetary policy ... More

Home Bias in International Macroeconomics  

Viktoria Hnatkovska

Online publication date:
Apr 2019
Home bias in international macroeconomics refers to the fact that investors around the world tend to allocate majority of their portfolios into domestic assets, despite the potential ... More

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