A research paper by Maximilian Böck has been published in the prestigious Journal of International Economics. The study, entitled “Has Globalization Changed the International Transmission of U.S. Monetary Policy?“, examines the extent to which globalization has altered the impact of U.S. monetary policy shocks on other economies over the past decades. The empirical evidence suggests that the international transmission of these shocks has strengthened, primarily as a result of increased trade integration.
Publication in JIE
