Sanket Mohapatra
The World Bank
Abstract:
Following the 2008 global financial crisis, central banks in high-income countries led by the U.S Fed embarked on unprecedented monetary policy easing. These quantitative easing (QE) policies more than quadrupled the U.S Fed’s balance sheet within a short span of five years. Sanket will discuss the implications of QE for financial flows to developing countries, finding evidence for potential transmission along observable liquidity, portfolio balancing, and confidence channels—as well as additional effects over and above these observable channels. He will also discuss the different impact of QE on different types of flows: portfolio (especially bond) flows tended to be significantly more sensitive than foreign direct investment. Mohapatra will also present simulations to explore the potential effects of QE withdrawal on financial flows to developing countries.
Date: August 7, 2014
Time: 03:30 P.M.
Venue:
NCAER Conference Room
National Council of Applied Economic Research
Parisila Bhawan, 11, Indraprastha Estate
New Delhi-110002(INDIA)
Location:
View Larger Map
Note:
Please join us for tea and hot snacks after the seminar. For queries, please contact Ms Sudesh Bala at sbala@ncaer.org or on 011-2345-2669.
The World Bank
Abstract:
Following the 2008 global financial crisis, central banks in high-income countries led by the U.S Fed embarked on unprecedented monetary policy easing. These quantitative easing (QE) policies more than quadrupled the U.S Fed’s balance sheet within a short span of five years. Sanket will discuss the implications of QE for financial flows to developing countries, finding evidence for potential transmission along observable liquidity, portfolio balancing, and confidence channels—as well as additional effects over and above these observable channels. He will also discuss the different impact of QE on different types of flows: portfolio (especially bond) flows tended to be significantly more sensitive than foreign direct investment. Mohapatra will also present simulations to explore the potential effects of QE withdrawal on financial flows to developing countries.
Date: August 7, 2014
Time: 03:30 P.M.
Venue:
NCAER Conference Room
National Council of Applied Economic Research
Parisila Bhawan, 11, Indraprastha Estate
New Delhi-110002(INDIA)
Location:
View Larger Map
Note:
Please join us for tea and hot snacks after the seminar. For queries, please contact Ms Sudesh Bala at sbala@ncaer.org or on 011-2345-2669.
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