Exchange Rate Regimes and Term-Premium Spillovers from U.S. Monetary Policy
U.S. monetary tightening raises term premia sharply in pegged economies but not floating ones; a DSGE model shows pegs force adjustment through domestic rates, tightening leverage constraints and amplifying spillovers.
Featured in No. 134 on 9 Oct 2026 · on release day
- Released
- 9 Oct 2026
- First featured
- No. 134 · 9 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- SSRN 7588778
- Authors
- Pawan Gopalakrishnan and Ankit Kumar
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).