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We study the impact of the US quantitative easing (QE) on both the emerging and advanced economies, estimating a global vector error-correction model (GVECM) an
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Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movem
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Since the end of the Great Recession in 2009 the central banks of the advanced countries have taken unprecedented actions to reflate and stimulate their economi