Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Faculty Publications Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Creator An entity primarily responsible for making the resource Panigrahi, Swarupa Ranjan; Suresha, B.; Nanda, Sudhansu Sekhar; Biswal, Biplab Kumar Title A name given to the resource The impact of unconventional US monetary policy shock on emerging bond markets: A comprehensive assessment of global transmission channels Date A point or period of time associated with an event in the lifecycle of the resource 01-01-2025 Source A related resource from which the described resource is derived Investment Management and Financial Innovations;Volume;22;Issue;4;pp.405-420 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.21511/imfi.22(4).2025.31" target="_blank" rel="noreferrer noopener">https://doi.org/10.21511/imfi.22(4).2025.31</a> <br /><br /><a href="https://www.scopus.com/pages/publications/105027235694?origin=resultslist" target="_blank" rel="noreferrer noopener">https://www.scopus.com/pages/publications/105027235694?origin=resultslist</a> Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Panigrahi S.R., School of Business and Management, Christ University, India; Suresha B., School of Business and Management, Christ University, India; Nanda S.S., Faculty of Management Studies, Sri Sri University, India; Biswal B.K., Faculty of Management Studies, Sri Sri University, India Description An account of the resource Extensive research has been conducted on the global effects of the US unconventional monetary policy shock on capital flows in emerging markets. However, there is limited empirical evidence on the transmission channels of capital flows in emerging bond markets. This study examines it by analysing capital flows across 45 emerging bond markets from 2009 to 2023. Contemporaneous shock transmission is examined using the contemporaneous impact matrix, and dynamic shock transmission is assessed using the impulse response function of the structural vector autoregression (SVAR) model. All variables in this study are standardised to account for differences in scale within the model. The pairwise correlation coeffcient matrix indicates that multicollinearity is not a concern for parameter estimates in this model. The ADF-Fisher Chi-square unit root test result reveals that all variables are stationary in this model. The contemporaneous coeffcient matrix results indicate that changes in the US term spread serve as the contemporaneous transmission channel through which US Treasury bond purchase and US MBS purchase shocks positively affect capital flows in emerging bond markets. The impulse response function indicates that changes in the global financial cycle serve as a dynamic transmission channel through which US MBS purchase shocks affect capital flows in emerging bond markets. Moreover, changes in the US mortgage spread serve as the dynamic transmission channel through which US Treasury bond purchases and US MBS purchases affect capital flows in emerging bond markets. Swarupa Ranjan Panigrahi, Suresha B., Sudhansu Sekhar Nanda, Biplab Kumar Biswal, 2025. Subject The topic of the resource global financial cycle; US MBS; US mortgage spread; US term spread; US Treasury bond Publisher An entity responsible for making the resource available LLC CPC Business Perspectives Relation A related resource ISSN: 18104967; Language A language of the resource English Type The nature or genre of the resource Article Rights Information about rights held in and over the resource All Open Access; Gold Open Access Format The file format, physical medium, or dimensions of the resource online