About Irina Dubova
Irina Dubova is a PhD student and research associate at the Ruhr Graduate School and University of Duisburg-Essen, Germany.Monetary policy spillovers in emerging Asia
For a number of years, the central banks of the major advanced economies have pursued historically unprecedented ultra-low interest rate policies and negative interest rate policies. Facing the zero lower bound problem, they have also implemented various asset purchase programs, known as “quantitative easing,” with the aim of reducing long-term interest rates. There has been growing evidence that advanced countries’ unconventional monetary policies (UMPs) have caused significant spillovers to the financial markets of emerging market economies (EMEs).
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