The Transmission of Federal Reserve Tapering News to Emerging Financial Markets

Joshua Aizenman, Mahir Binici, Michael M. Hutchison

NBER Working Paper No. 19980
Issued in March 2014, Revised in February 2015

---- Acknowledgments ----

We thank Michael Devereux, the participants of the 2015 ASSA Monetary Policy session and three anonymous referees for very helpful suggestions on an earlier draft of this paper.

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