We study the effects of US monetary policy on international mutual fund investment. We
apply a novel variant of the shock identification procedure in Bu et al.(2021) to decompose …

Using the heteroscedasticity-based estimator of Rigobon and Sack (2005) to identify daily
shocks of the Russia–Ukraine war, I assess and quantify the dynamic impact of the conflict …

Increases in US interest rates are often thought to generate adverse spillovers to emerging
market economies (EMEs). We show that whether US rate hikes are bad news for EMEs …

The investment and stock prices of firms with relatively more intangible assets respond less
to monetary policy. Similarly, intangible investment responds less to monetary policy …

This paper examines the drivers of fluctuations in global inflation, defined as a common
factor across monthly headline consumer price index (CPI) inflation in G7 countries, over the …

This paper provides new empirical evidence that bears on the efficacy of unconventional
monetary policies when the main policy rate is negative. When a negative interest rate policy …

We quantify the role of global production linkages in explaining spillovers of US monetary
policy shocks on country‐sector stock returns. We estimate a structural spatial …

It is generally assumed that oil price shocks have a significant impact on oil-rich countries.
Motivated by this belief, we examine how disaggregated oil shocks affect bank risk in the …

This paper investigates the impact of US monetary policy shocks on Bitcoin prices. On the
day of the Federal Open Market Committee (FOMC) meeting, a hypothetical unexpected …

We evaluate the behavior of the UIP relationship around monetary policy and global
uncertainty shocks using event studies. We find that the covariance between exchange rate …