id	sid	tid	token	lemma	pos
fbem-511	1	1	frontiers	frontier	NOUN
fbem-511	1	2	in	in	ADP
fbem-511	1	3	business	business	NOUN
fbem-511	1	4	,	,	PUNCT
fbem-511	1	5	economics	economic	NOUN
fbem-511	1	6	and	and	CCONJ
fbem-511	1	7	management	management	NOUN
fbem-511	1	8	issn	issn	PROPN
fbem-511	1	9	:	:	PUNCT
fbem-511	1	10	2766	2766	NUM
fbem-511	1	11	-	-	PUNCT
fbem-511	1	12	824x	824x	NUM
fbem-511	1	13	|	|	ADJ
fbem-511	1	14	vol	vol	NOUN
fbem-511	1	15	.	.	PROPN
fbem-511	2	1	4	4	NUM
fbem-511	2	2	,	,	PUNCT
fbem-511	2	3	no	no	INTJ
fbem-511	2	4	.	.	NOUN
fbem-511	2	5	1	1	NUM
fbem-511	2	6	,	,	PUNCT
fbem-511	2	7	2022	2022	NUM
fbem-511	2	8	100	100	NUM
fbem-511	2	9	federal	federal	PROPN
fbem-511	2	10	reserve	reserve	PROPN
fbem-511	2	11	's	's	PART
fbem-511	2	12	monetary	monetary	ADJ
fbem-511	2	13	policy	policy	NOUN
fbem-511	2	14	and	and	CCONJ
fbem-511	2	15	its	its	PRON
fbem-511	2	16	impact	impact	NOUN
fbem-511	2	17	on	on	ADP
fbem-511	2	18	china	china	PROPN
fbem-511	2	19	's	's	PART
fbem-511	2	20	economic	economic	PROPN
fbem-511	2	21	development	development	PROPN
fbem-511	2	22	rui	rui	PROPN
fbem-511	2	23	liu1	liu1	PROPN
fbem-511	2	24	,	,	PUNCT
fbem-511	2	25	yingzhu	yingzhu	NOUN
fbem-511	2	26	yin2	yin2	NOUN
fbem-511	2	27	1faculty	1faculty	NUM
fbem-511	2	28	of	of	ADP
fbem-511	2	29	business	business	NOUN
fbem-511	2	30	&	&	CCONJ
fbem-511	2	31	economics	economic	NOUN
fbem-511	2	32	,	,	PUNCT
fbem-511	2	33	university	university	NOUN
fbem-511	2	34	of	of	ADP
fbem-511	2	35	malaya,50603	malaya,50603	PROPN
fbem-511	2	36	kuala	kuala	PROPN
fbem-511	2	37	lumpur	lumpur	PROPN
fbem-511	2	38	,	,	PUNCT
fbem-511	2	39	malaysia	malaysia	PROPN
fbem-511	2	40	2faculty	2faculty	NUM
fbem-511	2	41	of	of	ADP
fbem-511	2	42	business	business	NOUN
fbem-511	2	43	,	,	PUNCT
fbem-511	2	44	university	university	NOUN
fbem-511	2	45	of	of	ADP
fbem-511	2	46	segi,47810	segi,47810	PROPN
fbem-511	2	47	petaling	petaling	PROPN
fbem-511	2	48	jaya	jaya	PROPN
fbem-511	2	49	,	,	PUNCT
fbem-511	2	50	malaysia	malaysia	PROPN
fbem-511	2	51	abstract	abstract	NOUN
fbem-511	2	52	:	:	PUNCT
fbem-511	2	53	the	the	DET
fbem-511	2	54	global	global	ADJ
fbem-511	2	55	financial	financial	ADJ
fbem-511	2	56	crisis	crisis	NOUN
fbem-511	2	57	in	in	ADP
fbem-511	2	58	2008	2008	NUM
fbem-511	2	59	caused	cause	VERB
fbem-511	2	60	great	great	ADJ
fbem-511	2	61	trauma	trauma	NOUN
fbem-511	2	62	to	to	ADP
fbem-511	2	63	the	the	DET
fbem-511	2	64	economy	economy	NOUN
fbem-511	2	65	and	and	CCONJ
fbem-511	2	66	financial	financial	ADJ
fbem-511	2	67	markets	market	NOUN
fbem-511	2	68	all	all	ADV
fbem-511	2	69	over	over	ADP
fbem-511	2	70	the	the	DET
fbem-511	2	71	world	world	NOUN
fbem-511	2	72	.	.	PUNCT
fbem-511	3	1	following	follow	VERB
fbem-511	3	2	the	the	DET
fbem-511	3	3	onset	onset	NOUN
fbem-511	3	4	of	of	ADP
fbem-511	3	5	the	the	DET
fbem-511	3	6	financial	financial	ADJ
fbem-511	3	7	crisis	crisis	NOUN
fbem-511	3	8	,	,	PUNCT
fbem-511	3	9	the	the	DET
fbem-511	3	10	monetary	monetary	ADJ
fbem-511	3	11	authorities	authority	NOUN
fbem-511	3	12	of	of	ADP
fbem-511	3	13	various	various	ADJ
fbem-511	3	14	nations	nation	NOUN
fbem-511	3	15	implemented	implement	VERB
fbem-511	3	16	a	a	DET
fbem-511	3	17	range	range	NOUN
fbem-511	3	18	of	of	ADP
fbem-511	3	19	monetary	monetary	ADJ
fbem-511	3	20	policies	policy	NOUN
fbem-511	3	21	to	to	PART
fbem-511	3	22	deal	deal	VERB
fbem-511	3	23	with	with	ADP
fbem-511	3	24	the	the	DET
fbem-511	3	25	crisis	crisis	NOUN
fbem-511	3	26	's	's	PART
fbem-511	3	27	negative	negative	ADJ
fbem-511	3	28	impact	impact	NOUN
fbem-511	3	29	on	on	ADP
fbem-511	3	30	the	the	DET
fbem-511	3	31	real	real	ADJ
fbem-511	3	32	economy	economy	NOUN
fbem-511	3	33	.	.	PUNCT
fbem-511	4	1	the	the	DET
fbem-511	4	2	united	united	PROPN
fbem-511	4	3	states	states	PROPN
fbem-511	4	4	,	,	PUNCT
fbem-511	4	5	as	as	ADP
fbem-511	4	6	the	the	DET
fbem-511	4	7	world	world	NOUN
fbem-511	4	8	's	's	PART
fbem-511	4	9	largest	large	ADJ
fbem-511	4	10	country	country	NOUN
fbem-511	4	11	,	,	PUNCT
fbem-511	4	12	the	the	DET
fbem-511	4	13	implementation	implementation	NOUN
fbem-511	4	14	of	of	ADP
fbem-511	4	15	the	the	DET
fbem-511	4	16	fed	fed	PROPN
fbem-511	4	17	's	's	PART
fbem-511	4	18	monetary	monetary	ADJ
fbem-511	4	19	policy	policy	NOUN
fbem-511	4	20	has	have	VERB
fbem-511	4	21	a	a	DET
fbem-511	4	22	significant	significant	ADJ
fbem-511	4	23	impact	impact	NOUN
fbem-511	4	24	not	not	PART
fbem-511	4	25	only	only	ADV
fbem-511	4	26	on	on	ADP
fbem-511	4	27	its	its	PRON
fbem-511	4	28	own	own	ADJ
fbem-511	4	29	macro	macro	NOUN
fbem-511	4	30	-	-	NOUN
fbem-511	4	31	economy	economy	NOUN
fbem-511	4	32	,	,	PUNCT
fbem-511	4	33	but	but	CCONJ
fbem-511	4	34	also	also	ADV
fbem-511	4	35	on	on	ADP
fbem-511	4	36	the	the	DET
fbem-511	4	37	world	world	NOUN
fbem-511	4	38	macro	macro	NOUN
fbem-511	4	39	-	-	NOUN
fbem-511	4	40	economy	economy	NOUN
fbem-511	4	41	.	.	PUNCT
fbem-511	5	1	following	follow	VERB
fbem-511	5	2	the	the	DET
fbem-511	5	3	onset	onset	NOUN
fbem-511	5	4	of	of	ADP
fbem-511	5	5	the	the	DET
fbem-511	5	6	financial	financial	ADJ
fbem-511	5	7	crisis	crisis	NOUN
fbem-511	5	8	in	in	ADP
fbem-511	5	9	2008	2008	NUM
fbem-511	5	10	,	,	PUNCT
fbem-511	5	11	the	the	DET
fbem-511	5	12	federal	federal	PROPN
fbem-511	5	13	reserve	reserve	PROPN
fbem-511	5	14	implemented	implement	VERB
fbem-511	5	15	a	a	DET
fbem-511	5	16	series	series	NOUN
fbem-511	5	17	of	of	ADP
fbem-511	5	18	monetary	monetary	ADJ
fbem-511	5	19	policy	policy	NOUN
fbem-511	5	20	operations	operation	NOUN
fbem-511	5	21	,	,	PUNCT
fbem-511	5	22	including	include	VERB
fbem-511	5	23	lowering	lower	VERB
fbem-511	5	24	the	the	DET
fbem-511	5	25	federal	federal	ADJ
fbem-511	5	26	fund	fund	NOUN
fbem-511	5	27	interest	interest	NOUN
fbem-511	5	28	rate	rate	NOUN
fbem-511	5	29	and	and	CCONJ
fbem-511	5	30	the	the	DET
fbem-511	5	31	money	money	NOUN
fbem-511	5	32	market	market	NOUN
fbem-511	5	33	re	re	NOUN
fbem-511	5	34	-	-	NOUN
fbem-511	5	35	discount	discount	ADJ
fbem-511	5	36	interest	interest	NOUN
fbem-511	5	37	rate	rate	NOUN
fbem-511	5	38	,	,	PUNCT
fbem-511	5	39	to	to	PART
fbem-511	5	40	address	address	VERB
fbem-511	5	41	the	the	DET
fbem-511	5	42	financial	financial	ADJ
fbem-511	5	43	crisis	crisis	NOUN
fbem-511	5	44	'	'	PUNCT
fbem-511	5	45	impact	impact	NOUN
fbem-511	5	46	on	on	ADP
fbem-511	5	47	the	the	DET
fbem-511	5	48	domestic	domestic	ADJ
fbem-511	5	49	economy	economy	NOUN
fbem-511	5	50	of	of	ADP
fbem-511	5	51	the	the	DET
fbem-511	5	52	united	united	PROPN
fbem-511	5	53	states	states	PROPN
fbem-511	5	54	.	.	PUNCT
fbem-511	6	1	unconventional	unconventional	ADJ
fbem-511	6	2	monetary	monetary	ADJ
fbem-511	6	3	policy	policy	NOUN
fbem-511	6	4	mainly	mainly	ADV
fbem-511	6	5	includes	include	VERB
fbem-511	6	6	reducing	reduce	VERB
fbem-511	6	7	the	the	DET
fbem-511	6	8	federal	federal	ADJ
fbem-511	6	9	funds	fund	NOUN
fbem-511	6	10	rate	rate	NOUN
fbem-511	6	11	to	to	ADP
fbem-511	6	12	the	the	DET
fbem-511	6	13	zero	zero	NUM
fbem-511	6	14	range	range	NOUN
fbem-511	6	15	boundary	boundary	NOUN
fbem-511	6	16	.	.	PUNCT
fbem-511	7	1	based	base	VERB
fbem-511	7	2	on	on	ADP
fbem-511	7	3	previous	previous	ADJ
fbem-511	7	4	studies	study	NOUN
fbem-511	7	5	,	,	PUNCT
fbem-511	7	6	this	this	DET
fbem-511	7	7	paper	paper	NOUN
fbem-511	7	8	finds	find	VERB
fbem-511	7	9	that	that	SCONJ
fbem-511	7	10	the	the	DET
fbem-511	7	11	monetary	monetary	ADJ
fbem-511	7	12	policies	policy	NOUN
fbem-511	7	13	of	of	ADP
fbem-511	7	14	the	the	DET
fbem-511	7	15	federal	federal	PROPN
fbem-511	7	16	reserve	reserve	PROPN
fbem-511	7	17	mainly	mainly	ADV
fbem-511	7	18	affect	affect	VERB
fbem-511	7	19	other	other	ADJ
fbem-511	7	20	countries	country	NOUN
fbem-511	7	21	'	'	PART
fbem-511	7	22	economies	economy	NOUN
fbem-511	7	23	through	through	ADP
fbem-511	7	24	four	four	NUM
fbem-511	7	25	channels	channel	NOUN
fbem-511	7	26	:	:	PUNCT
fbem-511	7	27	asset	asset	NOUN
fbem-511	7	28	price	price	NOUN
fbem-511	7	29	,	,	PUNCT
fbem-511	7	30	exchange	exchange	NOUN
fbem-511	7	31	rate	rate	NOUN
fbem-511	7	32	,	,	PUNCT
fbem-511	7	33	interest	interest	NOUN
fbem-511	7	34	rate	rate	NOUN
fbem-511	7	35	and	and	CCONJ
fbem-511	7	36	credit	credit	NOUN
fbem-511	7	37	.	.	PUNCT
fbem-511	8	1	at	at	ADP
fbem-511	8	2	the	the	DET
fbem-511	8	3	same	same	ADJ
fbem-511	8	4	time	time	NOUN
fbem-511	8	5	,	,	PUNCT
fbem-511	8	6	in	in	ADP
fbem-511	8	7	view	view	NOUN
fbem-511	8	8	of	of	ADP
fbem-511	8	9	the	the	DET
fbem-511	8	10	negative	negative	ADJ
fbem-511	8	11	spillover	spillover	NOUN
fbem-511	8	12	effects	effect	NOUN
fbem-511	8	13	brought	bring	VERB
fbem-511	8	14	by	by	ADP
fbem-511	8	15	the	the	DET
fbem-511	8	16	federal	federal	PROPN
fbem-511	8	17	reserve	reserve	PROPN
fbem-511	8	18	,	,	PUNCT
fbem-511	8	19	china	china	PROPN
fbem-511	8	20	should	should	AUX
fbem-511	8	21	adopt	adopt	VERB
fbem-511	8	22	proactive	proactive	ADJ
fbem-511	8	23	financial	financial	ADJ
fbem-511	8	24	policies	policy	NOUN
fbem-511	8	25	to	to	PART
fbem-511	8	26	resist	resist	VERB
fbem-511	8	27	risks	risk	NOUN
fbem-511	8	28	.	.	PUNCT
fbem-511	9	1	1	1	X
fbem-511	9	2	.	.	X
fbem-511	9	3	introduction	introduction	NOUN
fbem-511	9	4	the	the	DET
fbem-511	9	5	federal	federal	PROPN
fbem-511	9	6	reserve	reserve	PROPN
fbem-511	9	7	has	have	AUX
fbem-511	9	8	executed	execute	VERB
fbem-511	9	9	three	three	NUM
fbem-511	9	10	rounds	round	NOUN
fbem-511	9	11	of	of	ADP
fbem-511	9	12	quantitative	quantitative	ADJ
fbem-511	9	13	easing	easing	NOUN
fbem-511	9	14	since	since	SCONJ
fbem-511	9	15	the	the	DET
fbem-511	9	16	financial	financial	ADJ
fbem-511	9	17	crisis	crisis	NOUN
fbem-511	9	18	began	begin	VERB
fbem-511	9	19	in	in	ADP
fbem-511	9	20	2008	2008	NUM
fbem-511	9	21	.	.	PUNCT
fbem-511	10	1	(	(	PUNCT
fbem-511	10	2	qe	qe	PROPN
fbem-511	10	3	)	)	PUNCT
fbem-511	10	4	.	.	PUNCT
fbem-511	11	1	in	in	ADP
fbem-511	11	2	november	november	PROPN
fbem-511	11	3	2008	2008	NUM
fbem-511	11	4	,	,	PUNCT
fbem-511	11	5	the	the	DET
fbem-511	11	6	first	first	ADJ
fbem-511	11	7	round	round	NOUN
fbem-511	11	8	of	of	ADP
fbem-511	11	9	quantitative	quantitative	ADJ
fbem-511	11	10	easing	ease	VERB
fbem-511	11	11	monetary	monetary	ADJ
fbem-511	11	12	policy	policy	NOUN
fbem-511	11	13	(	(	PUNCT
fbem-511	11	14	qe1	qe1	NOUN
fbem-511	11	15	)	)	PUNCT
fbem-511	11	16	began.the	began.the	DET
fbem-511	11	17	federal	federal	PROPN
fbem-511	11	18	reserve	reserve	PROPN
fbem-511	11	19	announced	announce	VERB
fbem-511	11	20	to	to	PART
fbem-511	11	21	take	take	VERB
fbem-511	11	22	over	over	ADP
fbem-511	11	23	the	the	DET
fbem-511	11	24	"	"	PUNCT
fbem-511	11	25	fannie	fannie	PROPN
fbem-511	11	26	and	and	CCONJ
fbem-511	11	27	freddie	freddie	PROPN
fbem-511	11	28	"	"	PUNCT
fbem-511	11	29	and	and	CCONJ
fbem-511	11	30	real	real	ADJ
fbem-511	11	31	estate	estate	NOUN
fbem-511	11	32	related	relate	VERB
fbem-511	11	33	bonds	bond	NOUN
fbem-511	11	34	.	.	PUNCT
fbem-511	12	1	the	the	DET
fbem-511	12	2	first	first	ADJ
fbem-511	12	3	wave	wave	NOUN
fbem-511	12	4	of	of	ADP
fbem-511	12	5	quantitative	quantitative	ADJ
fbem-511	12	6	easing	easing	NOUN
fbem-511	12	7	has	have	AUX
fbem-511	12	8	officially	officially	ADV
fbem-511	12	9	begun.however	begun.however	NUM
fbem-511	12	10	,	,	PUNCT
fbem-511	12	11	the	the	DET
fbem-511	12	12	macroeconomic	macroeconomic	ADJ
fbem-511	12	13	situation	situation	NOUN
fbem-511	12	14	in	in	ADP
fbem-511	12	15	the	the	DET
fbem-511	12	16	united	united	PROPN
fbem-511	12	17	states	states	PROPN
fbem-511	12	18	has	have	AUX
fbem-511	12	19	not	not	PART
fbem-511	12	20	changed	change	VERB
fbem-511	12	21	since	since	SCONJ
fbem-511	12	22	the	the	DET
fbem-511	12	23	first	first	ADJ
fbem-511	12	24	round	round	NOUN
fbem-511	12	25	of	of	ADP
fbem-511	12	26	quantitative	quantitative	ADJ
fbem-511	12	27	easing	ease	VERB
fbem-511	12	28	monetary	monetary	ADJ
fbem-511	12	29	policy	policy	NOUN
fbem-511	12	30	was	be	AUX
fbem-511	12	31	implemented	implement	VERB
fbem-511	12	32	;	;	PUNCT
fbem-511	12	33	the	the	DET
fbem-511	12	34	domestic	domestic	ADJ
fbem-511	12	35	unemployment	unemployment	NOUN
fbem-511	12	36	rate	rate	NOUN
fbem-511	12	37	remains	remain	VERB
fbem-511	12	38	high	high	ADJ
fbem-511	12	39	,	,	PUNCT
fbem-511	12	40	real	real	ADJ
fbem-511	12	41	-	-	PUNCT
fbem-511	12	42	economy	economy	NOUN
fbem-511	12	43	investment	investment	NOUN
fbem-511	12	44	is	be	AUX
fbem-511	12	45	sluggish	sluggish	ADJ
fbem-511	12	46	,	,	PUNCT
fbem-511	12	47	and	and	CCONJ
fbem-511	12	48	the	the	DET
fbem-511	12	49	prospect	prospect	NOUN
fbem-511	12	50	of	of	ADP
fbem-511	12	51	economic	economic	ADJ
fbem-511	12	52	recovery	recovery	NOUN
fbem-511	12	53	remains	remain	VERB
fbem-511	12	54	dim	dim	ADJ
fbem-511	12	55	.	.	PUNCT
fbem-511	13	1	the	the	DET
fbem-511	13	2	federal	federal	PROPN
fbem-511	13	3	reserve	reserve	PROPN
fbem-511	13	4	initiated	initiate	VERB
fbem-511	13	5	the	the	DET
fbem-511	13	6	second	second	ADJ
fbem-511	13	7	phase	phase	NOUN
fbem-511	13	8	of	of	ADP
fbem-511	13	9	quantitative	quantitative	ADJ
fbem-511	13	10	easing	ease	VERB
fbem-511	13	11	(	(	PUNCT
fbem-511	13	12	qe2	qe2	PROPN
fbem-511	13	13	)	)	PUNCT
fbem-511	13	14	in	in	ADP
fbem-511	13	15	november	november	PROPN
fbem-511	13	16	2010	2010	NUM
fbem-511	13	17	in	in	ADP
fbem-511	13	18	response	response	NOUN
fbem-511	13	19	to	to	ADP
fbem-511	13	20	the	the	DET
fbem-511	13	21	previous	previous	ADJ
fbem-511	13	22	round	round	NOUN
fbem-511	13	23	's	's	PART
fbem-511	13	24	lackluster	lackluster	ADJ
fbem-511	13	25	results	result	NOUN
fbem-511	13	26	.	.	PUNCT
fbem-511	14	1	the	the	DET
fbem-511	14	2	second	second	ADJ
fbem-511	14	3	round	round	NOUN
fbem-511	14	4	of	of	ADP
fbem-511	14	5	quantitative	quantitative	ADJ
fbem-511	14	6	easing	ease	VERB
fbem-511	14	7	policy	policy	NOUN
fbem-511	14	8	includes	include	VERB
fbem-511	14	9	putting	put	VERB
fbem-511	14	10	up	up	ADP
fbem-511	14	11	to	to	PART
fbem-511	14	12	$	$	SYM
fbem-511	14	13	600	600	NUM
fbem-511	14	14	billion	billion	NUM
fbem-511	14	15	of	of	ADP
fbem-511	14	16	base	base	ADJ
fbem-511	14	17	money	money	NOUN
fbem-511	14	18	into	into	ADP
fbem-511	14	19	the	the	DET
fbem-511	14	20	money	money	NOUN
fbem-511	14	21	market	market	NOUN
fbem-511	14	22	and	and	CCONJ
fbem-511	14	23	maintaining	maintain	VERB
fbem-511	14	24	the	the	DET
fbem-511	14	25	federal	federal	ADJ
fbem-511	14	26	funds	fund	NOUN
fbem-511	14	27	rate	rate	NOUN
fbem-511	14	28	at	at	ADP
fbem-511	14	29	a	a	DET
fbem-511	14	30	low	low	ADJ
fbem-511	14	31	interest	interest	NOUN
fbem-511	14	32	rate	rate	NOUN
fbem-511	14	33	of	of	ADP
fbem-511	14	34	0	0	NUM
fbem-511	14	35	-	-	SYM
fbem-511	14	36	0.25	0.25	NUM
fbem-511	14	37	%	%	NOUN
fbem-511	14	38	.	.	PUNCT
fbem-511	15	1	in	in	ADP
fbem-511	15	2	september	september	PROPN
fbem-511	15	3	2012	2012	NUM
fbem-511	15	4	,	,	PUNCT
fbem-511	15	5	the	the	DET
fbem-511	15	6	federal	federal	PROPN
fbem-511	15	7	reserve	reserve	PROPN
fbem-511	15	8	began	begin	VERB
fbem-511	15	9	the	the	DET
fbem-511	15	10	third	third	ADJ
fbem-511	15	11	wave	wave	NOUN
fbem-511	15	12	of	of	ADP
fbem-511	15	13	quantitative	quantitative	ADJ
fbem-511	15	14	easing	easing	NOUN
fbem-511	15	15	,	,	PUNCT
fbem-511	15	16	which	which	PRON
fbem-511	15	17	included	include	VERB
fbem-511	15	18	the	the	DET
fbem-511	15	19	purchase	purchase	NOUN
fbem-511	15	20	of	of	ADP
fbem-511	15	21	$	$	SYM
fbem-511	15	22	40	40	NUM
fbem-511	15	23	billion	billion	NUM
fbem-511	15	24	in	in	ADP
fbem-511	15	25	mortgage	mortgage	NOUN
fbem-511	15	26	-	-	PUNCT
fbem-511	15	27	backed	back	VERB
fbem-511	15	28	securities	security	NOUN
fbem-511	15	29	on	on	ADP
fbem-511	15	30	a	a	DET
fbem-511	15	31	monthly	monthly	ADJ
fbem-511	15	32	basis	basis	NOUN
fbem-511	15	33	.	.	PUNCT
fbem-511	16	1	when	when	SCONJ
fbem-511	16	2	the	the	DET
fbem-511	16	3	federal	federal	PROPN
fbem-511	16	4	reserve	reserve	PROPN
fbem-511	16	5	's	's	PART
fbem-511	16	6	three	three	NUM
fbem-511	16	7	rounds	round	NOUN
fbem-511	16	8	of	of	ADP
fbem-511	16	9	quantitative	quantitative	ADJ
fbem-511	16	10	easing	ease	VERB
fbem-511	16	11	monetary	monetary	ADJ
fbem-511	16	12	policy	policy	NOUN
fbem-511	16	13	have	have	AUX
fbem-511	16	14	been	be	AUX
fbem-511	16	15	gradually	gradually	ADV
fbem-511	16	16	implemented	implement	VERB
fbem-511	16	17	,	,	PUNCT
fbem-511	16	18	the	the	DET
fbem-511	16	19	macroeconomic	macroeconomic	ADJ
fbem-511	16	20	environment	environment	NOUN
fbem-511	16	21	in	in	ADP
fbem-511	16	22	the	the	DET
fbem-511	16	23	united	united	PROPN
fbem-511	16	24	states	states	PROPN
fbem-511	16	25	has	have	AUX
fbem-511	16	26	been	be	AUX
fbem-511	16	27	continuously	continuously	ADV
fbem-511	16	28	improved	improve	VERB
fbem-511	16	29	,	,	PUNCT
fbem-511	16	30	the	the	DET
fbem-511	16	31	unemployment	unemployment	NOUN
fbem-511	16	32	rate	rate	NOUN
fbem-511	16	33	has	have	AUX
fbem-511	16	34	continued	continue	VERB
fbem-511	16	35	to	to	PART
fbem-511	16	36	decline	decline	VERB
fbem-511	16	37	,	,	PUNCT
fbem-511	16	38	enterprise	enterprise	NOUN
fbem-511	16	39	investment	investment	NOUN
fbem-511	16	40	has	have	AUX
fbem-511	16	41	begun	begin	VERB
fbem-511	16	42	to	to	PART
fbem-511	16	43	activate	activate	VERB
fbem-511	16	44	,	,	PUNCT
fbem-511	16	45	and	and	CCONJ
fbem-511	16	46	the	the	DET
fbem-511	16	47	overall	overall	ADJ
fbem-511	16	48	economy	economy	NOUN
fbem-511	16	49	has	have	AUX
fbem-511	16	50	entered	enter	VERB
fbem-511	16	51	the	the	DET
fbem-511	16	52	recovery	recovery	NOUN
fbem-511	16	53	channel	channel	NOUN
fbem-511	16	54	.	.	PUNCT
fbem-511	17	1	to	to	ADP
fbem-511	17	2	this	this	DET
fbem-511	17	3	purpose	purpose	NOUN
fbem-511	17	4	,	,	PUNCT
fbem-511	17	5	then	then	ADV
fbem-511	17	6	-	-	PUNCT
fbem-511	17	7	federal	federal	PROPN
fbem-511	17	8	reserve	reserve	PROPN
fbem-511	17	9	chairman	chairman	PROPN
fbem-511	17	10	ben	ben	PROPN
fbem-511	17	11	bernanke	bernanke	PROPN
fbem-511	17	12	declared	declare	VERB
fbem-511	17	13	that	that	SCONJ
fbem-511	17	14	the	the	DET
fbem-511	17	15	fed	fed	PROPN
fbem-511	17	16	would	would	AUX
fbem-511	17	17	phase	phase	VERB
fbem-511	17	18	out	out	ADP
fbem-511	17	19	quantitative	quantitative	ADJ
fbem-511	17	20	easing	easing	NOUN
fbem-511	17	21	over	over	ADP
fbem-511	17	22	time	time	NOUN
fbem-511	17	23	.	.	PUNCT
fbem-511	18	1	the	the	DET
fbem-511	18	2	federal	federal	PROPN
fbem-511	18	3	reserve	reserve	PROPN
fbem-511	18	4	announced	announce	VERB
fbem-511	18	5	in	in	ADP
fbem-511	18	6	december	december	PROPN
fbem-511	18	7	2013	2013	NUM
fbem-511	18	8	that	that	SCONJ
fbem-511	18	9	it	it	PRON
fbem-511	18	10	will	will	AUX
fbem-511	18	11	gradually	gradually	ADV
fbem-511	18	12	cut	cut	VERB
fbem-511	18	13	its	its	PRON
fbem-511	18	14	monthly	monthly	ADJ
fbem-511	18	15	asset	asset	NOUN
fbem-511	18	16	purchase	purchase	NOUN
fbem-511	18	17	plans	plan	NOUN
fbem-511	18	18	until	until	SCONJ
fbem-511	18	19	it	it	PRON
fbem-511	18	20	stopped	stop	VERB
fbem-511	18	21	buying	buy	VERB
fbem-511	18	22	mortgage	mortgage	NOUN
fbem-511	18	23	-	-	PUNCT
fbem-511	18	24	backed	back	VERB
fbem-511	18	25	securities	security	NOUN
fbem-511	18	26	,	,	PUNCT
fbem-511	18	27	long	long	ADJ
fbem-511	18	28	-	-	PUNCT
fbem-511	18	29	term	term	NOUN
fbem-511	18	30	treasury	treasury	NOUN
fbem-511	18	31	bonds	bond	NOUN
fbem-511	18	32	,	,	PUNCT
fbem-511	18	33	and	and	CCONJ
fbem-511	18	34	other	other	ADJ
fbem-511	18	35	monthly	monthly	ADJ
fbem-511	18	36	asset	asset	NOUN
fbem-511	18	37	purchase	purchase	NOUN
fbem-511	18	38	plans	plan	NOUN
fbem-511	18	39	.	.	PUNCT
fbem-511	19	1	since	since	SCONJ
fbem-511	19	2	2015	2015	NUM
fbem-511	19	3	,	,	PUNCT
fbem-511	19	4	the	the	DET
fbem-511	19	5	us	us	PROPN
fbem-511	19	6	macro	macro	ADJ
fbem-511	19	7	-	-	ADJ
fbem-511	19	8	economic	economic	ADJ
fbem-511	19	9	recovery	recovery	NOUN
fbem-511	19	10	has	have	AUX
fbem-511	19	11	shown	show	VERB
fbem-511	19	12	obvious	obvious	ADJ
fbem-511	19	13	signs	sign	NOUN
fbem-511	19	14	,	,	PUNCT
fbem-511	19	15	the	the	DET
fbem-511	19	16	real	real	ADJ
fbem-511	19	17	economy	economy	NOUN
fbem-511	19	18	and	and	CCONJ
fbem-511	19	19	financial	financial	ADJ
fbem-511	19	20	markets	market	NOUN
fbem-511	19	21	have	have	AUX
fbem-511	19	22	shown	show	VERB
fbem-511	19	23	an	an	DET
fbem-511	19	24	obvious	obvious	ADJ
fbem-511	19	25	rebound	rebound	NOUN
fbem-511	19	26	momentum	momentum	NOUN
fbem-511	19	27	,	,	PUNCT
fbem-511	19	28	and	and	CCONJ
fbem-511	19	29	the	the	DET
fbem-511	19	30	unemployment	unemployment	NOUN
fbem-511	19	31	rate	rate	NOUN
fbem-511	19	32	has	have	AUX
fbem-511	19	33	also	also	ADV
fbem-511	19	34	remained	remain	VERB
fbem-511	19	35	at	at	ADP
fbem-511	19	36	a	a	DET
fbem-511	19	37	low	low	ADJ
fbem-511	19	38	level	level	NOUN
fbem-511	19	39	.	.	PUNCT
fbem-511	20	1	the	the	DET
fbem-511	20	2	federal	federal	PROPN
fbem-511	20	3	reserve	reserve	PROPN
fbem-511	20	4	raised	raise	VERB
fbem-511	20	5	the	the	DET
fbem-511	20	6	target	target	NOUN
fbem-511	20	7	range	range	NOUN
fbem-511	20	8	of	of	ADP
fbem-511	20	9	the	the	DET
fbem-511	20	10	federal	federal	ADJ
fbem-511	20	11	funds	fund	NOUN
fbem-511	20	12	rate	rate	NOUN
fbem-511	20	13	by	by	ADP
fbem-511	20	14	25	25	NUM
fbem-511	20	15	basis	basis	NOUN
fbem-511	20	16	points	point	NOUN
fbem-511	20	17	from	from	ADP
fbem-511	20	18	0	0	NUM
fbem-511	20	19	-	-	SYM
fbem-511	20	20	0.25	0.25	NUM
fbem-511	20	21	percent	percent	NOUN
fbem-511	20	22	to	to	ADP
fbem-511	20	23	0.25	0.25	NUM
fbem-511	20	24	percent	percent	NOUN
fbem-511	20	25	0.5	0.5	NUM
fbem-511	20	26	percent	percent	NOUN
fbem-511	20	27	on	on	ADP
fbem-511	20	28	december	december	PROPN
fbem-511	20	29	16	16	NUM
fbem-511	20	30	,	,	PUNCT
fbem-511	20	31	2015	2015	NUM
fbem-511	20	32	,	,	PUNCT
fbem-511	20	33	against	against	ADP
fbem-511	20	34	the	the	DET
fbem-511	20	35	backdrop	backdrop	NOUN
fbem-511	20	36	of	of	ADP
fbem-511	20	37	a	a	DET
fbem-511	20	38	positive	positive	ADJ
fbem-511	20	39	overall	overall	ADJ
fbem-511	20	40	domestic	domestic	ADJ
fbem-511	20	41	economic	economic	ADJ
fbem-511	20	42	outlook	outlook	NOUN
fbem-511	20	43	.	.	PUNCT
fbem-511	21	1	it	it	PRON
fbem-511	21	2	is	be	AUX
fbem-511	21	3	the	the	DET
fbem-511	21	4	end	end	NOUN
fbem-511	21	5	of	of	ADP
fbem-511	21	6	the	the	DET
fbem-511	21	7	federal	federal	PROPN
fbem-511	21	8	reserve	reserve	PROPN
fbem-511	21	9	's	's	PART
fbem-511	21	10	quantitative	quantitative	ADJ
fbem-511	21	11	easing	ease	VERB
fbem-511	21	12	monetary	monetary	ADJ
fbem-511	21	13	program	program	NOUN
fbem-511	21	14	.	.	PUNCT
fbem-511	22	1	the	the	DET
fbem-511	22	2	practice	practice	NOUN
fbem-511	22	3	of	of	ADP
fbem-511	22	4	monetary	monetary	ADJ
fbem-511	22	5	policy	policy	NOUN
fbem-511	22	6	implementation	implementation	NOUN
fbem-511	22	7	in	in	ADP
fbem-511	22	8	the	the	DET
fbem-511	22	9	united	united	PROPN
fbem-511	22	10	states	states	PROPN
fbem-511	22	11	shows	show	VERB
fbem-511	22	12	that	that	SCONJ
fbem-511	22	13	during	during	ADP
fbem-511	22	14	the	the	DET
fbem-511	22	15	financial	financial	ADJ
fbem-511	22	16	crisis	crisis	NOUN
fbem-511	22	17	,	,	PUNCT
fbem-511	22	18	unconventional	unconventional	ADJ
fbem-511	22	19	monetary	monetary	ADJ
fbem-511	22	20	policy	policy	NOUN
fbem-511	22	21	operations	operation	NOUN
fbem-511	22	22	have	have	AUX
fbem-511	22	23	played	play	VERB
fbem-511	22	24	a	a	DET
fbem-511	22	25	good	good	ADJ
fbem-511	22	26	role	role	NOUN
fbem-511	22	27	in	in	ADP
fbem-511	22	28	helping	help	VERB
fbem-511	22	29	the	the	DET
fbem-511	22	30	united	united	PROPN
fbem-511	22	31	states	states	PROPN
fbem-511	22	32	recover	recover	VERB
fbem-511	22	33	its	its	PRON
fbem-511	22	34	economy	economy	NOUN
fbem-511	22	35	and	and	CCONJ
fbem-511	22	36	financial	financial	ADJ
fbem-511	22	37	markets	market	NOUN
fbem-511	22	38	,	,	PUNCT
fbem-511	22	39	but	but	CCONJ
fbem-511	22	40	the	the	DET
fbem-511	22	41	spillover	spillover	ADJ
fbem-511	22	42	effect	effect	NOUN
fbem-511	22	43	of	of	ADP
fbem-511	22	44	this	this	DET
fbem-511	22	45	policy	policy	NOUN
fbem-511	22	46	is	be	AUX
fbem-511	22	47	also	also	ADV
fbem-511	22	48	very	very	ADV
fbem-511	22	49	obvious	obvious	ADJ
fbem-511	22	50	.	.	PUNCT
fbem-511	23	1	the	the	DET
fbem-511	23	2	federal	federal	PROPN
fbem-511	23	3	reserve	reserve	PROPN
fbem-511	23	4	's	's	PART
fbem-511	23	5	unconventional	unconventional	ADJ
fbem-511	23	6	monetary	monetary	ADJ
fbem-511	23	7	policy	policy	NOUN
fbem-511	23	8	has	have	AUX
fbem-511	23	9	resulted	result	VERB
fbem-511	23	10	in	in	ADP
fbem-511	23	11	the	the	DET
fbem-511	23	12	continuing	continue	VERB
fbem-511	23	13	depreciation	depreciation	NOUN
fbem-511	23	14	of	of	ADP
fbem-511	23	15	the	the	DET
fbem-511	23	16	us	us	PROPN
fbem-511	23	17	dollar	dollar	NOUN
fbem-511	23	18	,	,	PUNCT
fbem-511	23	19	which	which	PRON
fbem-511	23	20	has	have	AUX
fbem-511	23	21	resulted	result	VERB
fbem-511	23	22	in	in	ADP
fbem-511	23	23	a	a	DET
fbem-511	23	24	rapid	rapid	ADJ
fbem-511	23	25	rise	rise	NOUN
fbem-511	23	26	in	in	ADP
fbem-511	23	27	international	international	ADJ
fbem-511	23	28	commodity	commodity	NOUN
fbem-511	23	29	prices	price	NOUN
fbem-511	23	30	.	.	PUNCT
fbem-511	24	1	furthermore	furthermore	ADV
fbem-511	24	2	,	,	PUNCT
fbem-511	24	3	the	the	DET
fbem-511	24	4	united	united	PROPN
fbem-511	24	5	states	states	PROPN
fbem-511	24	6	'	'	PART
fbem-511	24	7	long	long	ADJ
fbem-511	24	8	-	-	PUNCT
fbem-511	24	9	term	term	NOUN
fbem-511	24	10	low	low	ADJ
fbem-511	24	11	interest	interest	NOUN
fbem-511	24	12	rate	rate	NOUN
fbem-511	24	13	has	have	AUX
fbem-511	24	14	resulted	result	VERB
fbem-511	24	15	in	in	ADP
fbem-511	24	16	a	a	DET
fbem-511	24	17	massive	massive	ADJ
fbem-511	24	18	flow	flow	NOUN
fbem-511	24	19	of	of	ADP
fbem-511	24	20	us	us	PROPN
fbem-511	24	21	dollars	dollar	NOUN
fbem-511	24	22	into	into	ADP
fbem-511	24	23	other	other	ADJ
fbem-511	24	24	economies	economy	NOUN
fbem-511	24	25	,	,	PUNCT
fbem-511	24	26	which	which	PRON
fbem-511	24	27	has	have	AUX
fbem-511	24	28	harmed	harm	VERB
fbem-511	24	29	the	the	DET
fbem-511	24	30	stability	stability	NOUN
fbem-511	24	31	of	of	ADP
fbem-511	24	32	foreign	foreign	ADJ
fbem-511	24	33	currency	currency	NOUN
fbem-511	24	34	and	and	CCONJ
fbem-511	24	35	financial	financial	ADJ
fbem-511	24	36	markets	market	NOUN
fbem-511	24	37	in	in	ADP
fbem-511	24	38	other	other	ADJ
fbem-511	24	39	countries	country	NOUN
fbem-511	24	40	.	.	PUNCT
fbem-511	25	1	after	after	SCONJ
fbem-511	25	2	the	the	DET
fbem-511	25	3	fed	fed	PROPN
fbem-511	25	4	officially	officially	ADV
fbem-511	25	5	withdrew	withdraw	VERB
fbem-511	25	6	from	from	ADP
fbem-511	25	7	the	the	DET
fbem-511	25	8	quantitative	quantitative	ADJ
fbem-511	25	9	easing	ease	VERB
fbem-511	25	10	monetary	monetary	ADJ
fbem-511	25	11	policy	policy	NOUN
fbem-511	25	12	in	in	ADP
fbem-511	25	13	2015	2015	NUM
fbem-511	25	14	,	,	PUNCT
fbem-511	25	15	the	the	DET
fbem-511	25	16	us	us	PROPN
fbem-511	25	17	dollar	dollar	NOUN
fbem-511	25	18	began	begin	VERB
fbem-511	25	19	to	to	PART
fbem-511	25	20	appreciate	appreciate	VERB
fbem-511	25	21	due	due	ADP
fbem-511	25	22	to	to	ADP
fbem-511	25	23	the	the	DET
fbem-511	25	24	fed	fed	PROPN
fbem-511	25	25	's	's	PART
fbem-511	25	26	interest	interest	NOUN
fbem-511	25	27	rate	rate	NOUN
fbem-511	25	28	increase	increase	NOUN
fbem-511	25	29	,	,	PUNCT
fbem-511	25	30	which	which	PRON
fbem-511	25	31	led	lead	VERB
fbem-511	25	32	to	to	ADP
fbem-511	25	33	the	the	DET
fbem-511	25	34	devaluation	devaluation	NOUN
fbem-511	25	35	of	of	ADP
fbem-511	25	36	the	the	DET
fbem-511	25	37	currencies	currency	NOUN
fbem-511	25	38	of	of	ADP
fbem-511	25	39	other	other	ADJ
fbem-511	25	40	economies	economy	NOUN
fbem-511	25	41	in	in	ADP
fbem-511	25	42	the	the	DET
fbem-511	25	43	world	world	NOUN
fbem-511	25	44	to	to	ADP
fbem-511	25	45	varying	vary	VERB
fbem-511	25	46	degrees	degree	NOUN
fbem-511	25	47	.	.	PUNCT
fbem-511	26	1	as	as	ADP
fbem-511	26	2	a	a	DET
fbem-511	26	3	result	result	NOUN
fbem-511	26	4	,	,	PUNCT
fbem-511	26	5	the	the	DET
fbem-511	26	6	financial	financial	ADJ
fbem-511	26	7	markets	market	NOUN
fbem-511	26	8	of	of	ADP
fbem-511	26	9	some	some	DET
fbem-511	26	10	countries	country	NOUN
fbem-511	26	11	are	be	AUX
fbem-511	26	12	faced	face	VERB
fbem-511	26	13	with	with	ADP
fbem-511	26	14	problems	problem	NOUN
fbem-511	26	15	such	such	ADJ
fbem-511	26	16	as	as	ADP
fbem-511	26	17	sharp	sharp	ADJ
fbem-511	26	18	shrinkage	shrinkage	NOUN
fbem-511	26	19	of	of	ADP
fbem-511	26	20	asset	asset	NOUN
fbem-511	26	21	prices	price	NOUN
fbem-511	26	22	and	and	CCONJ
fbem-511	26	23	massive	massive	ADJ
fbem-511	26	24	capital	capital	NOUN
fbem-511	26	25	flight	flight	NOUN
fbem-511	26	26	.	.	PUNCT
fbem-511	27	1	as	as	SCONJ
fbem-511	27	2	china	china	PROPN
fbem-511	27	3	's	's	PART
fbem-511	27	4	economy	economy	NOUN
fbem-511	27	5	enters	enter	VERB
fbem-511	27	6	the	the	DET
fbem-511	27	7	"	"	PUNCT
fbem-511	27	8	new	new	ADJ
fbem-511	27	9	normal	normal	ADJ
fbem-511	27	10	"	"	PUNCT
fbem-511	27	11	stage	stage	NOUN
fbem-511	27	12	and	and	CCONJ
fbem-511	27	13	the	the	DET
fbem-511	27	14	economic	economic	ADJ
fbem-511	27	15	structure	structure	NOUN
fbem-511	27	16	enters	enter	VERB
fbem-511	27	17	the	the	DET
fbem-511	27	18	period	period	NOUN
fbem-511	27	19	of	of	ADP
fbem-511	27	20	adjustment	adjustment	NOUN
fbem-511	27	21	and	and	CCONJ
fbem-511	27	22	transformation	transformation	NOUN
fbem-511	27	23	,	,	PUNCT
fbem-511	27	24	the	the	DET
fbem-511	27	25	downward	downward	ADJ
fbem-511	27	26	trend	trend	NOUN
fbem-511	27	27	of	of	ADP
fbem-511	27	28	economic	economic	ADJ
fbem-511	27	29	growth	growth	NOUN
fbem-511	27	30	is	be	AUX
fbem-511	27	31	inevitable	inevitable	ADJ
fbem-511	27	32	.	.	PUNCT
fbem-511	28	1	at	at	ADP
fbem-511	28	2	the	the	DET
fbem-511	28	3	same	same	ADJ
fbem-511	28	4	time	time	NOUN
fbem-511	28	5	,	,	PUNCT
fbem-511	28	6	as	as	SCONJ
fbem-511	28	7	the	the	DET
fbem-511	28	8	global	global	ADJ
fbem-511	28	9	economy	economy	NOUN
fbem-511	28	10	becomes	become	VERB
fbem-511	28	11	more	more	ADV
fbem-511	28	12	integrated	integrated	ADJ
fbem-511	28	13	and	and	CCONJ
fbem-511	28	14	the	the	DET
fbem-511	28	15	international	international	ADJ
fbem-511	28	16	financial	financial	ADJ
fbem-511	28	17	market	market	NOUN
fbem-511	28	18	becomes	become	VERB
fbem-511	28	19	more	more	ADV
fbem-511	28	20	important	important	ADJ
fbem-511	28	21	,	,	PUNCT
fbem-511	28	22	a	a	DET
fbem-511	28	23	country	country	NOUN
fbem-511	28	24	's	's	PART
fbem-511	28	25	monetary	monetary	ADJ
fbem-511	28	26	policy	policy	NOUN
fbem-511	28	27	will	will	AUX
fbem-511	28	28	effect	effect	VERB
fbem-511	28	29	not	not	PART
fbem-511	28	30	just	just	ADV
fbem-511	28	31	its	its	PRON
fbem-511	28	32	own	own	ADJ
fbem-511	28	33	economic	economic	ADJ
fbem-511	28	34	production	production	NOUN
fbem-511	28	35	,	,	PUNCT
fbem-511	28	36	but	but	CCONJ
fbem-511	28	37	also	also	ADV
fbem-511	28	38	the	the	DET
fbem-511	28	39	economic	economic	ADJ
fbem-511	28	40	growth	growth	NOUN
fbem-511	28	41	of	of	ADP
fbem-511	28	42	other	other	ADJ
fbem-511	28	43	countries	country	NOUN
fbem-511	28	44	.	.	PUNCT
fbem-511	29	1	in	in	ADP
fbem-511	29	2	this	this	DET
fbem-511	29	3	setting	setting	NOUN
fbem-511	29	4	,	,	PUNCT
fbem-511	29	5	china	china	PROPN
fbem-511	29	6	's	's	PART
fbem-511	29	7	macro	macro	NOUN
fbem-511	29	8	-	-	NOUN
fbem-511	29	9	economy	economy	NOUN
fbem-511	29	10	faces	face	VERB
fbem-511	29	11	a	a	DET
fbem-511	29	12	slew	slew	NOUN
fbem-511	29	13	of	of	ADP
fbem-511	29	14	external	external	ADJ
fbem-511	29	15	dangers	danger	NOUN
fbem-511	29	16	as	as	SCONJ
fbem-511	29	17	the	the	DET
fbem-511	29	18	federal	federal	PROPN
fbem-511	29	19	reserve	reserve	PROPN
fbem-511	29	20	embarks	embark	VERB
fbem-511	29	21	on	on	ADP
fbem-511	29	22	a	a	DET
fbem-511	29	23	new	new	ADJ
fbem-511	29	24	round	round	NOUN
fbem-511	29	25	of	of	ADP
fbem-511	29	26	monetary	monetary	ADJ
fbem-511	29	27	policy	policy	NOUN
fbem-511	29	28	.	.	PUNCT
fbem-511	30	1	as	as	ADP
fbem-511	30	2	a	a	DET
fbem-511	30	3	result	result	NOUN
fbem-511	30	4	,	,	PUNCT
fbem-511	30	5	in	in	ADP
fbem-511	30	6	light	light	NOUN
fbem-511	30	7	of	of	ADP
fbem-511	30	8	the	the	DET
fbem-511	30	9	potential	potential	ADJ
fbem-511	30	10	impact	impact	NOUN
fbem-511	30	11	of	of	ADP
fbem-511	30	12	the	the	DET
fbem-511	30	13	fed	fed	PROPN
fbem-511	30	14	's	's	PART
fbem-511	30	15	monetary	monetary	ADJ
fbem-511	30	16	policy	policy	NOUN
fbem-511	30	17	on	on	ADP
fbem-511	30	18	china	china	PROPN
fbem-511	30	19	's	's	PART
fbem-511	30	20	macro	macro	NOUN
fbem-511	30	21	-	-	NOUN
fbem-511	30	22	economy	economy	NOUN
fbem-511	30	23	,	,	PUNCT
fbem-511	30	24	and	and	CCONJ
fbem-511	30	25	based	base	VERB
fbem-511	30	26	on	on	ADP
fbem-511	30	27	the	the	DET
fbem-511	30	28	fed	fed	PROPN
fbem-511	30	29	's	's	PART
fbem-511	30	30	monetary	monetary	ADJ
fbem-511	30	31	policy	policy	NOUN
fbem-511	30	32	implementation	implementation	NOUN
fbem-511	30	33	,	,	PUNCT
fbem-511	30	34	this	this	DET
fbem-511	30	35	paper	paper	NOUN
fbem-511	30	36	will	will	AUX
fbem-511	30	37	examine	examine	VERB
fbem-511	30	38	the	the	DET
fbem-511	30	39	impact	impact	NOUN
fbem-511	30	40	of	of	ADP
fbem-511	30	41	the	the	DET
fbem-511	30	42	fed	fed	PROPN
fbem-511	30	43	's	's	PART
fbem-511	30	44	monetary	monetary	ADJ
fbem-511	30	45	policy	policy	NOUN
fbem-511	30	46	spillover	spillover	VERB
fbem-511	30	47	101	101	NUM
fbem-511	30	48	effect	effect	NOUN
fbem-511	30	49	on	on	ADP
fbem-511	30	50	china	china	PROPN
fbem-511	30	51	's	's	PART
fbem-511	30	52	economy	economy	NOUN
fbem-511	30	53	,	,	PUNCT
fbem-511	30	54	as	as	ADV
fbem-511	30	55	well	well	ADV
fbem-511	30	56	as	as	ADP
fbem-511	30	57	the	the	DET
fbem-511	30	58	transmission	transmission	NOUN
fbem-511	30	59	effect	effect	NOUN
fbem-511	30	60	of	of	ADP
fbem-511	30	61	various	various	ADJ
fbem-511	30	62	influence	influence	NOUN
fbem-511	30	63	channels	channel	NOUN
fbem-511	30	64	,	,	PUNCT
fbem-511	30	65	which	which	PRON
fbem-511	30	66	is	be	AUX
fbem-511	30	67	also	also	ADV
fbem-511	30	68	of	of	ADP
fbem-511	30	69	practical	practical	ADJ
fbem-511	30	70	importance	importance	NOUN
fbem-511	30	71	.	.	PUNCT
fbem-511	31	1	2	2	X
fbem-511	31	2	.	.	X
fbem-511	31	3	literature	literature	NOUN
fbem-511	31	4	review	review	VERB
fbem-511	31	5	2.1	2.1	NUM
fbem-511	31	6	.	.	PUNCT
fbem-511	32	1	definition	definition	NOUN
fbem-511	32	2	of	of	ADP
fbem-511	32	3	unconventional	unconventional	ADJ
fbem-511	32	4	monetary	monetary	ADJ
fbem-511	32	5	policy	policy	NOUN
fbem-511	32	6	due	due	ADP
fbem-511	32	7	to	to	ADP
fbem-511	32	8	the	the	DET
fbem-511	32	9	complexity	complexity	NOUN
fbem-511	32	10	and	and	CCONJ
fbem-511	32	11	diversity	diversity	NOUN
fbem-511	32	12	of	of	ADP
fbem-511	32	13	the	the	DET
fbem-511	32	14	fed	fed	PROPN
fbem-511	32	15	's	's	PART
fbem-511	32	16	monetary	monetary	ADJ
fbem-511	32	17	policy	policy	NOUN
fbem-511	32	18	,	,	PUNCT
fbem-511	32	19	we	we	PRON
fbem-511	32	20	mainly	mainly	ADV
fbem-511	32	21	focus	focus	VERB
fbem-511	32	22	on	on	ADP
fbem-511	32	23	the	the	DET
fbem-511	32	24	unconventional	unconventional	ADJ
fbem-511	32	25	monetary	monetary	ADJ
fbem-511	32	26	policy	policy	NOUN
fbem-511	32	27	,	,	PUNCT
fbem-511	32	28	namely	namely	ADV
fbem-511	32	29	quantitative	quantitative	ADJ
fbem-511	32	30	easing	ease	VERB
fbem-511	32	31	policy	policy	NOUN
fbem-511	32	32	,	,	PUNCT
fbem-511	32	33	from	from	ADP
fbem-511	32	34	2008	2008	NUM
fbem-511	32	35	to	to	ADP
fbem-511	32	36	2016	2016	NUM
fbem-511	32	37	.	.	PUNCT
fbem-511	33	1	in	in	ADP
fbem-511	33	2	2007	2007	NUM
fbem-511	33	3	,	,	PUNCT
fbem-511	33	4	the	the	DET
fbem-511	33	5	credit	credit	NOUN
fbem-511	33	6	market	market	NOUN
fbem-511	33	7	in	in	ADP
fbem-511	33	8	the	the	DET
fbem-511	33	9	united	united	PROPN
fbem-511	33	10	states	states	PROPN
fbem-511	33	11	devolved	devolve	VERB
fbem-511	33	12	into	into	ADP
fbem-511	33	13	turmoil	turmoil	NOUN
fbem-511	33	14	,	,	PUNCT
fbem-511	33	15	and	and	CCONJ
fbem-511	33	16	asset	asset	NOUN
fbem-511	33	17	prices	price	NOUN
fbem-511	33	18	plummeted	plummet	VERB
fbem-511	33	19	,	,	PUNCT
fbem-511	33	20	wreaking	wreak	VERB
fbem-511	33	21	havoc	havoc	NOUN
fbem-511	33	22	on	on	ADP
fbem-511	33	23	the	the	DET
fbem-511	33	24	financial	financial	ADJ
fbem-511	33	25	system	system	NOUN
fbem-511	33	26	's	's	PART
fbem-511	33	27	normal	normal	ADJ
fbem-511	33	28	operation	operation	NOUN
fbem-511	33	29	and	and	CCONJ
fbem-511	33	30	jeopardizing	jeopardize	VERB
fbem-511	33	31	lucrative	lucrative	ADJ
fbem-511	33	32	arbitrage	arbitrage	NOUN
fbem-511	33	33	opportunities	opportunity	NOUN
fbem-511	33	34	.	.	PUNCT
fbem-511	34	1	under	under	ADP
fbem-511	34	2	the	the	DET
fbem-511	34	3	normal	normal	ADJ
fbem-511	34	4	operation	operation	NOUN
fbem-511	34	5	of	of	ADP
fbem-511	34	6	the	the	DET
fbem-511	34	7	market	market	NOUN
fbem-511	34	8	arbitrage	arbitrage	NOUN
fbem-511	34	9	environment	environment	NOUN
fbem-511	34	10	,	,	PUNCT
fbem-511	34	11	the	the	DET
fbem-511	34	12	expectation	expectation	NOUN
fbem-511	34	13	of	of	ADP
fbem-511	34	14	the	the	DET
fbem-511	34	15	market	market	NOUN
fbem-511	34	16	subject	subject	NOUN
fbem-511	34	17	on	on	ADP
fbem-511	34	18	the	the	DET
fbem-511	34	19	long	long	ADJ
fbem-511	34	20	-	-	PUNCT
fbem-511	34	21	term	term	NOUN
fbem-511	34	22	real	real	ADJ
fbem-511	34	23	interest	interest	NOUN
fbem-511	34	24	rate	rate	NOUN
fbem-511	34	25	will	will	AUX
fbem-511	34	26	affect	affect	VERB
fbem-511	34	27	the	the	DET
fbem-511	34	28	expenditure	expenditure	NOUN
fbem-511	34	29	decisions	decision	NOUN
fbem-511	34	30	such	such	ADJ
fbem-511	34	31	as	as	ADP
fbem-511	34	32	household	household	NOUN
fbem-511	34	33	purchase	purchase	NOUN
fbem-511	34	34	of	of	ADP
fbem-511	34	35	real	real	ADJ
fbem-511	34	36	estate	estate	NOUN
fbem-511	34	37	and	and	CCONJ
fbem-511	34	38	enterprise	enterprise	NOUN
fbem-511	34	39	expansion	expansion	NOUN
fbem-511	34	40	.	.	PUNCT
fbem-511	35	1	the	the	DET
fbem-511	35	2	federal	federal	PROPN
fbem-511	35	3	reserve	reserve	PROPN
fbem-511	35	4	's	's	PART
fbem-511	35	5	management	management	NOUN
fbem-511	35	6	of	of	ADP
fbem-511	35	7	the	the	DET
fbem-511	35	8	federal	federal	ADJ
fbem-511	35	9	fund	fund	PROPN
fbem-511	35	10	interest	interest	NOUN
fbem-511	35	11	rate	rate	NOUN
fbem-511	35	12	will	will	AUX
fbem-511	35	13	have	have	VERB
fbem-511	35	14	an	an	DET
fbem-511	35	15	impact	impact	NOUN
fbem-511	35	16	on	on	ADP
fbem-511	35	17	the	the	DET
fbem-511	35	18	long	long	ADJ
fbem-511	35	19	-	-	PUNCT
fbem-511	35	20	term	term	NOUN
fbem-511	35	21	nominal	nominal	ADJ
fbem-511	35	22	interest	interest	NOUN
fbem-511	35	23	rate	rate	NOUN
fbem-511	35	24	,	,	PUNCT
fbem-511	35	25	resulting	result	VERB
fbem-511	35	26	in	in	ADP
fbem-511	35	27	a	a	DET
fbem-511	35	28	change	change	NOUN
fbem-511	35	29	in	in	ADP
fbem-511	35	30	the	the	DET
fbem-511	35	31	real	real	ADJ
fbem-511	35	32	interest	interest	NOUN
fbem-511	35	33	rate	rate	NOUN
fbem-511	35	34	,	,	PUNCT
fbem-511	35	35	which	which	PRON
fbem-511	35	36	will	will	AUX
fbem-511	35	37	affect	affect	VERB
fbem-511	35	38	the	the	DET
fbem-511	35	39	market	market	NOUN
fbem-511	35	40	subject	subject	NOUN
fbem-511	35	41	's	's	PART
fbem-511	35	42	economic	economic	ADJ
fbem-511	35	43	decision	decision	NOUN
fbem-511	35	44	-	-	PUNCT
fbem-511	35	45	making	making	NOUN
fbem-511	35	46	.	.	PUNCT
fbem-511	36	1	the	the	DET
fbem-511	36	2	elimination	elimination	NOUN
fbem-511	36	3	of	of	ADP
fbem-511	36	4	the	the	DET
fbem-511	36	5	arbitrage	arbitrage	NOUN
fbem-511	36	6	environment	environment	NOUN
fbem-511	36	7	will	will	AUX
fbem-511	36	8	disrupt	disrupt	VERB
fbem-511	36	9	the	the	DET
fbem-511	36	10	federal	federal	ADJ
fbem-511	36	11	funds	fund	NOUN
fbem-511	36	12	rate	rate	NOUN
fbem-511	36	13	's	's	PART
fbem-511	36	14	action	action	NOUN
fbem-511	36	15	mechanism	mechanism	NOUN
fbem-511	36	16	on	on	ADP
fbem-511	36	17	long	long	ADJ
fbem-511	36	18	-	-	PUNCT
fbem-511	36	19	term	term	NOUN
fbem-511	36	20	interest	interest	NOUN
fbem-511	36	21	rates	rate	NOUN
fbem-511	36	22	,	,	PUNCT
fbem-511	36	23	causing	cause	VERB
fbem-511	36	24	expectation	expectation	NOUN
fbem-511	36	25	disorder	disorder	NOUN
fbem-511	36	26	and	and	CCONJ
fbem-511	36	27	affecting	affect	VERB
fbem-511	36	28	the	the	DET
fbem-511	36	29	us	us	PROPN
fbem-511	36	30	real	real	ADJ
fbem-511	36	31	economy	economy	NOUN
fbem-511	36	32	.	.	PUNCT
fbem-511	37	1	the	the	DET
fbem-511	37	2	federal	federal	PROPN
fbem-511	37	3	reserve	reserve	PROPN
fbem-511	37	4	attempted	attempt	VERB
fbem-511	37	5	to	to	PART
fbem-511	37	6	cope	cope	VERB
fbem-511	37	7	with	with	ADP
fbem-511	37	8	the	the	DET
fbem-511	37	9	crisis	crisis	NOUN
fbem-511	37	10	via	via	ADP
fbem-511	37	11	conventional	conventional	ADJ
fbem-511	37	12	monetary	monetary	ADJ
fbem-511	37	13	policy	policy	NOUN
fbem-511	37	14	in	in	ADP
fbem-511	37	15	the	the	DET
fbem-511	37	16	face	face	NOUN
fbem-511	37	17	of	of	ADP
fbem-511	37	18	substantial	substantial	ADJ
fbem-511	37	19	economic	economic	ADJ
fbem-511	37	20	decline	decline	NOUN
fbem-511	37	21	.	.	PUNCT
fbem-511	38	1	the	the	DET
fbem-511	38	2	federal	federal	PROPN
fbem-511	38	3	reserve	reserve	PROPN
fbem-511	38	4	has	have	AUX
fbem-511	38	5	reduced	reduce	VERB
fbem-511	38	6	interest	interest	NOUN
fbem-511	38	7	rates	rate	NOUN
fbem-511	38	8	many	many	ADJ
fbem-511	38	9	times	time	NOUN
fbem-511	38	10	since	since	SCONJ
fbem-511	38	11	september	september	PROPN
fbem-511	38	12	2007	2007	NUM
fbem-511	38	13	.	.	PUNCT
fbem-511	39	1	by	by	ADP
fbem-511	39	2	the	the	DET
fbem-511	39	3	end	end	NOUN
fbem-511	39	4	of	of	ADP
fbem-511	39	5	2008	2008	NUM
fbem-511	39	6	,	,	PUNCT
fbem-511	39	7	the	the	DET
fbem-511	39	8	interest	interest	NOUN
fbem-511	39	9	rate	rate	NOUN
fbem-511	39	10	fell	fall	VERB
fbem-511	39	11	to	to	ADP
fbem-511	39	12	the	the	DET
fbem-511	39	13	range	range	NOUN
fbem-511	39	14	of	of	ADP
fbem-511	39	15	0	0	NUM
fbem-511	39	16	~	~	SYM
fbem-511	39	17	0.25	0.25	NUM
fbem-511	39	18	%	%	NOUN
fbem-511	39	19	,	,	PUNCT
fbem-511	39	20	which	which	PRON
fbem-511	39	21	has	have	VERB
fbem-511	39	22	basically	basically	ADV
fbem-511	39	23	no	no	DET
fbem-511	39	24	room	room	NOUN
fbem-511	39	25	for	for	ADP
fbem-511	39	26	decline	decline	NOUN
fbem-511	39	27	.	.	PUNCT
fbem-511	40	1	when	when	SCONJ
fbem-511	40	2	the	the	DET
fbem-511	40	3	role	role	NOUN
fbem-511	40	4	of	of	ADP
fbem-511	40	5	conventional	conventional	ADJ
fbem-511	40	6	monetary	monetary	ADJ
fbem-511	40	7	policy	policy	NOUN
fbem-511	40	8	has	have	AUX
fbem-511	40	9	reached	reach	VERB
fbem-511	40	10	its	its	PRON
fbem-511	40	11	limit	limit	NOUN
fbem-511	40	12	,	,	PUNCT
fbem-511	40	13	in	in	ADP
fbem-511	40	14	order	order	NOUN
fbem-511	40	15	to	to	PART
fbem-511	40	16	achieve	achieve	VERB
fbem-511	40	17	economic	economic	ADJ
fbem-511	40	18	recovery	recovery	NOUN
fbem-511	40	19	,	,	PUNCT
fbem-511	40	20	the	the	DET
fbem-511	40	21	federal	federal	PROPN
fbem-511	40	22	reserve	reserve	PROPN
fbem-511	40	23	began	begin	VERB
fbem-511	40	24	to	to	PART
fbem-511	40	25	use	use	VERB
fbem-511	40	26	unconventional	unconventional	ADJ
fbem-511	40	27	monetary	monetary	ADJ
fbem-511	40	28	policy	policy	NOUN
fbem-511	40	29	tools	tool	NOUN
fbem-511	40	30	.	.	PUNCT
fbem-511	41	1	in	in	ADP
fbem-511	41	2	academics	academic	NOUN
fbem-511	41	3	,	,	PUNCT
fbem-511	41	4	there	there	PRON
fbem-511	41	5	is	be	VERB
fbem-511	41	6	currently	currently	ADV
fbem-511	41	7	no	no	DET
fbem-511	41	8	agreed	agree	VERB
fbem-511	41	9	definition	definition	NOUN
fbem-511	41	10	of	of	ADP
fbem-511	41	11	unconventional	unconventional	ADJ
fbem-511	41	12	monetary	monetary	ADJ
fbem-511	41	13	policy	policy	NOUN
fbem-511	41	14	.	.	PUNCT
fbem-511	42	1	unconventional	unconventional	ADJ
fbem-511	42	2	monetary	monetary	ADJ
fbem-511	42	3	policy	policy	NOUN
fbem-511	42	4	planning	planning	NOUN
fbem-511	42	5	can	can	AUX
fbem-511	42	6	be	be	AUX
fbem-511	42	7	classified	classify	VERB
fbem-511	42	8	into	into	ADP
fbem-511	42	9	two	two	NUM
fbem-511	42	10	types	type	NOUN
fbem-511	42	11	based	base	VERB
fbem-511	42	12	on	on	ADP
fbem-511	42	13	the	the	DET
fbem-511	42	14	order	order	NOUN
fbem-511	42	15	in	in	ADP
fbem-511	42	16	which	which	PRON
fbem-511	42	17	monetary	monetary	ADJ
fbem-511	42	18	policy	policy	NOUN
fbem-511	42	19	operations	operation	NOUN
fbem-511	42	20	are	be	AUX
fbem-511	42	21	carried	carry	VERB
fbem-511	42	22	out	out	ADP
fbem-511	42	23	(	(	PUNCT
fbem-511	42	24	trichet	trichet	NOUN
fbem-511	42	25	,	,	PUNCT
fbem-511	42	26	2013).the	2013).the	DET
fbem-511	42	27	first	first	ADJ
fbem-511	42	28	one	one	NUM
fbem-511	42	29	takes	take	VERB
fbem-511	42	30	unconventional	unconventional	ADJ
fbem-511	42	31	monetary	monetary	ADJ
fbem-511	42	32	policy	policy	NOUN
fbem-511	42	33	as	as	ADP
fbem-511	42	34	an	an	DET
fbem-511	42	35	extension	extension	NOUN
fbem-511	42	36	of	of	ADP
fbem-511	42	37	conventional	conventional	ADJ
fbem-511	42	38	monetary	monetary	ADJ
fbem-511	42	39	policy	policy	NOUN
fbem-511	42	40	.	.	PUNCT
fbem-511	43	1	when	when	SCONJ
fbem-511	43	2	the	the	DET
fbem-511	43	3	implementation	implementation	NOUN
fbem-511	43	4	of	of	ADP
fbem-511	43	5	conventional	conventional	ADJ
fbem-511	43	6	tools	tool	NOUN
fbem-511	43	7	has	have	AUX
fbem-511	43	8	reached	reach	VERB
fbem-511	43	9	the	the	DET
fbem-511	43	10	limit	limit	NOUN
fbem-511	43	11	,	,	PUNCT
fbem-511	43	12	the	the	DET
fbem-511	43	13	central	central	ADJ
fbem-511	43	14	bank	bank	NOUN
fbem-511	43	15	uses	use	VERB
fbem-511	43	16	other	other	ADJ
fbem-511	43	17	new	new	ADJ
fbem-511	43	18	tools	tool	NOUN
fbem-511	43	19	to	to	PART
fbem-511	43	20	stimulate	stimulate	VERB
fbem-511	43	21	the	the	DET
fbem-511	43	22	economy.the	economy.the	DET
fbem-511	43	23	other	other	ADJ
fbem-511	43	24	is	be	AUX
fbem-511	43	25	the	the	DET
fbem-511	43	26	policy	policy	NOUN
fbem-511	43	27	of	of	ADP
fbem-511	43	28	using	use	VERB
fbem-511	43	29	unconventional	unconventional	ADJ
fbem-511	43	30	monetary	monetary	ADJ
fbem-511	43	31	policy	policy	NOUN
fbem-511	43	32	to	to	PART
fbem-511	43	33	recover	recover	VERB
fbem-511	43	34	the	the	DET
fbem-511	43	35	economy	economy	NOUN
fbem-511	43	36	when	when	SCONJ
fbem-511	43	37	there	there	PRON
fbem-511	43	38	are	be	VERB
fbem-511	43	39	obstacles	obstacle	NOUN
fbem-511	43	40	in	in	ADP
fbem-511	43	41	the	the	DET
fbem-511	43	42	transmission	transmission	NOUN
fbem-511	43	43	of	of	ADP
fbem-511	43	44	conventional	conventional	ADJ
fbem-511	43	45	monetary	monetary	ADJ
fbem-511	43	46	policy	policy	NOUN
fbem-511	43	47	.	.	PUNCT
fbem-511	44	1	this	this	DET
fbem-511	44	2	classification	classification	NOUN
fbem-511	44	3	method	method	NOUN
fbem-511	44	4	holds	hold	VERB
fbem-511	44	5	that	that	SCONJ
fbem-511	44	6	unconventional	unconventional	ADJ
fbem-511	44	7	monetary	monetary	ADJ
fbem-511	44	8	policy	policy	NOUN
fbem-511	44	9	is	be	AUX
fbem-511	44	10	mainly	mainly	ADV
fbem-511	44	11	applied	apply	VERB
fbem-511	44	12	to	to	ADP
fbem-511	44	13	the	the	DET
fbem-511	44	14	serious	serious	ADJ
fbem-511	44	15	impact	impact	NOUN
fbem-511	44	16	of	of	ADP
fbem-511	44	17	financial	financial	ADJ
fbem-511	44	18	markets	market	NOUN
fbem-511	44	19	in	in	ADP
fbem-511	44	20	a	a	DET
fbem-511	44	21	relatively	relatively	ADV
fbem-511	44	22	brief	brief	ADJ
fbem-511	44	23	length	length	NOUN
fbem-511	44	24	of	of	ADP
fbem-511	44	25	time	time	NOUN
fbem-511	44	26	.	.	PUNCT
fbem-511	45	1	unconventional	unconventional	ADJ
fbem-511	45	2	monetary	monetary	ADJ
fbem-511	45	3	policy	policy	NOUN
fbem-511	45	4	is	be	AUX
fbem-511	45	5	a	a	DET
fbem-511	45	6	policy	policy	NOUN
fbem-511	45	7	measure	measure	NOUN
fbem-511	45	8	to	to	PART
fbem-511	45	9	stimulate	stimulate	VERB
fbem-511	45	10	the	the	DET
fbem-511	45	11	economy	economy	NOUN
fbem-511	45	12	when	when	SCONJ
fbem-511	45	13	the	the	DET
fbem-511	45	14	effect	effect	NOUN
fbem-511	45	15	of	of	ADP
fbem-511	45	16	conventional	conventional	ADJ
fbem-511	45	17	monetary	monetary	ADJ
fbem-511	45	18	policy	policy	NOUN
fbem-511	45	19	is	be	AUX
fbem-511	45	20	poor	poor	ADJ
fbem-511	45	21	.	.	PUNCT
fbem-511	46	1	some	some	DET
fbem-511	46	2	scholars	scholar	NOUN
fbem-511	46	3	also	also	ADV
fbem-511	46	4	divide	divide	VERB
fbem-511	46	5	the	the	DET
fbem-511	46	6	types	type	NOUN
fbem-511	46	7	of	of	ADP
fbem-511	46	8	unconventional	unconventional	ADJ
fbem-511	46	9	monetary	monetary	ADJ
fbem-511	46	10	policy	policy	NOUN
fbem-511	46	11	.	.	PUNCT
fbem-511	47	1	bernanke	bernanke	PROPN
fbem-511	47	2	and	and	CCONJ
fbem-511	47	3	reinhart	reinhart	PROPN
fbem-511	47	4	(	(	PUNCT
fbem-511	47	5	2004	2004	NUM
fbem-511	47	6	)	)	PUNCT
fbem-511	47	7	pointed	point	VERB
fbem-511	47	8	out	out	ADP
fbem-511	47	9	that	that	SCONJ
fbem-511	47	10	unconventional	unconventional	ADJ
fbem-511	47	11	monetary	monetary	ADJ
fbem-511	47	12	policy	policy	NOUN
fbem-511	47	13	can	can	AUX
fbem-511	47	14	be	be	AUX
fbem-511	47	15	divided	divide	VERB
fbem-511	47	16	into	into	ADP
fbem-511	47	17	three	three	NUM
fbem-511	47	18	forms	form	NOUN
fbem-511	47	19	:	:	PUNCT
fbem-511	47	20	the	the	DET
fbem-511	47	21	first	first	ADJ
fbem-511	47	22	is	be	AUX
fbem-511	47	23	to	to	PART
fbem-511	47	24	adjust	adjust	VERB
fbem-511	47	25	the	the	DET
fbem-511	47	26	structure	structure	NOUN
fbem-511	47	27	of	of	ADP
fbem-511	47	28	the	the	DET
fbem-511	47	29	central	central	ADJ
fbem-511	47	30	bank	bank	NOUN
fbem-511	47	31	's	's	PART
fbem-511	47	32	balance	balance	NOUN
fbem-511	47	33	sheet	sheet	NOUN
fbem-511	47	34	;	;	PUNCT
fbem-511	47	35	the	the	DET
fbem-511	47	36	second	second	NOUN
fbem-511	47	37	is	be	AUX
fbem-511	47	38	to	to	PART
fbem-511	47	39	expand	expand	VERB
fbem-511	47	40	the	the	DET
fbem-511	47	41	scale	scale	NOUN
fbem-511	47	42	of	of	ADP
fbem-511	47	43	the	the	DET
fbem-511	47	44	central	central	ADJ
fbem-511	47	45	bank	bank	NOUN
fbem-511	47	46	's	's	PART
fbem-511	47	47	balance	balance	NOUN
fbem-511	47	48	sheet	sheet	NOUN
fbem-511	47	49	(	(	PUNCT
fbem-511	47	50	i.e.	i.e.	X
fbem-511	47	51	"	"	PUNCT
fbem-511	47	52	quantitative	quantitative	ADJ
fbem-511	47	53	easing	easing	NOUN
fbem-511	47	54	"	"	PUNCT
fbem-511	47	55	)	)	PUNCT
fbem-511	47	56	;	;	PUNCT
fbem-511	47	57	the	the	DET
fbem-511	47	58	third	third	NOUN
fbem-511	47	59	is	be	AUX
fbem-511	47	60	to	to	PART
fbem-511	47	61	communicate	communicate	VERB
fbem-511	47	62	policies	policy	NOUN
fbem-511	47	63	to	to	PART
fbem-511	47	64	ensure	ensure	VERB
fbem-511	47	65	that	that	SCONJ
fbem-511	47	66	the	the	DET
fbem-511	47	67	future	future	ADJ
fbem-511	47	68	interest	interest	NOUN
fbem-511	47	69	rate	rate	NOUN
fbem-511	47	70	will	will	AUX
fbem-511	47	71	be	be	AUX
fbem-511	47	72	lower	low	ADJ
fbem-511	47	73	than	than	ADP
fbem-511	47	74	the	the	DET
fbem-511	47	75	expectations	expectation	NOUN
fbem-511	47	76	of	of	ADP
fbem-511	47	77	market	market	NOUN
fbem-511	47	78	participants	participant	NOUN
fbem-511	47	79	.	.	PUNCT
fbem-511	48	1	2.2	2.2	NUM
fbem-511	48	2	.	.	PUNCT
fbem-511	48	3	interest	interest	NOUN
fbem-511	48	4	rate	rate	NOUN
fbem-511	48	5	and	and	CCONJ
fbem-511	48	6	exchange	exchange	NOUN
fbem-511	48	7	rate	rate	NOUN
fbem-511	48	8	channels	channel	NOUN
fbem-511	48	9	the	the	DET
fbem-511	48	10	monetary	monetary	ADJ
fbem-511	48	11	policy	policy	NOUN
fbem-511	48	12	of	of	ADP
fbem-511	48	13	the	the	DET
fbem-511	48	14	united	united	PROPN
fbem-511	48	15	states	states	PROPN
fbem-511	48	16	not	not	PART
fbem-511	48	17	only	only	ADV
fbem-511	48	18	affects	affect	VERB
fbem-511	48	19	the	the	DET
fbem-511	48	20	asset	asset	NOUN
fbem-511	48	21	price	price	NOUN
fbem-511	48	22	level	level	NOUN
fbem-511	48	23	of	of	ADP
fbem-511	48	24	the	the	DET
fbem-511	48	25	united	united	PROPN
fbem-511	48	26	states	states	PROPN
fbem-511	48	27	,	,	PUNCT
fbem-511	48	28	but	but	CCONJ
fbem-511	48	29	also	also	ADV
fbem-511	48	30	has	have	VERB
fbem-511	48	31	a	a	DET
fbem-511	48	32	significant	significant	ADJ
fbem-511	48	33	impact	impact	NOUN
fbem-511	48	34	on	on	ADP
fbem-511	48	35	the	the	DET
fbem-511	48	36	asset	asset	NOUN
fbem-511	48	37	prices	price	NOUN
fbem-511	48	38	of	of	ADP
fbem-511	48	39	other	other	ADJ
fbem-511	48	40	countries	country	NOUN
fbem-511	48	41	in	in	ADP
fbem-511	48	42	the	the	DET
fbem-511	48	43	world.under	world.under	NOUN
fbem-511	48	44	the	the	DET
fbem-511	48	45	loose	loose	ADJ
fbem-511	48	46	monetary	monetary	ADJ
fbem-511	48	47	policy	policy	NOUN
fbem-511	48	48	,	,	PUNCT
fbem-511	48	49	a	a	DET
fbem-511	48	50	country	country	NOUN
fbem-511	48	51	's	's	PART
fbem-511	48	52	domestic	domestic	ADJ
fbem-511	48	53	interest	interest	NOUN
fbem-511	48	54	rate	rate	NOUN
fbem-511	48	55	drops	drop	NOUN
fbem-511	48	56	,	,	PUNCT
fbem-511	48	57	inflation	inflation	NOUN
fbem-511	48	58	rises	rise	NOUN
fbem-511	48	59	and	and	CCONJ
fbem-511	48	60	capital	capital	NOUN
fbem-511	48	61	flows	flow	VERB
fbem-511	48	62	out	out	ADP
fbem-511	48	63	.	.	PUNCT
fbem-511	49	1	at	at	ADP
fbem-511	49	2	the	the	DET
fbem-511	49	3	same	same	ADJ
fbem-511	49	4	time	time	NOUN
fbem-511	49	5	,	,	PUNCT
fbem-511	49	6	loose	loose	ADJ
fbem-511	49	7	monetary	monetary	ADJ
fbem-511	49	8	policy	policy	NOUN
fbem-511	49	9	will	will	AUX
fbem-511	49	10	also	also	ADV
fbem-511	49	11	increase	increase	VERB
fbem-511	49	12	domestic	domestic	ADJ
fbem-511	49	13	output	output	NOUN
fbem-511	49	14	and	and	CCONJ
fbem-511	49	15	stabilize	stabilize	VERB
fbem-511	49	16	employment	employment	NOUN
fbem-511	49	17	.	.	PUNCT
fbem-511	50	1	the	the	DET
fbem-511	50	2	monetary	monetary	ADJ
fbem-511	50	3	policy	policy	NOUN
fbem-511	50	4	of	of	ADP
fbem-511	50	5	the	the	DET
fbem-511	50	6	united	united	PROPN
fbem-511	50	7	states	states	PROPN
fbem-511	50	8	will	will	AUX
fbem-511	50	9	affect	affect	VERB
fbem-511	50	10	the	the	DET
fbem-511	50	11	holding	hold	VERB
fbem-511	50	12	income	income	NOUN
fbem-511	50	13	of	of	ADP
fbem-511	50	14	currencies	currency	NOUN
fbem-511	50	15	of	of	ADP
fbem-511	50	16	various	various	ADJ
fbem-511	50	17	countries	country	NOUN
fbem-511	50	18	through	through	ADP
fbem-511	50	19	the	the	DET
fbem-511	50	20	flow	flow	NOUN
fbem-511	50	21	of	of	ADP
fbem-511	50	22	capital	capital	NOUN
fbem-511	50	23	.	.	PUNCT
fbem-511	51	1	for	for	ADP
fbem-511	51	2	countries	country	NOUN
fbem-511	51	3	with	with	ADP
fbem-511	51	4	fixed	fix	VERB
fbem-511	51	5	exchange	exchange	NOUN
fbem-511	51	6	rate	rate	NOUN
fbem-511	51	7	system	system	NOUN
fbem-511	51	8	,	,	PUNCT
fbem-511	51	9	the	the	DET
fbem-511	51	10	goal	goal	NOUN
fbem-511	51	11	of	of	ADP
fbem-511	51	12	monetary	monetary	ADJ
fbem-511	51	13	policy	policy	NOUN
fbem-511	51	14	pays	pay	VERB
fbem-511	51	15	more	more	ADJ
fbem-511	51	16	attention	attention	NOUN
fbem-511	51	17	to	to	ADP
fbem-511	51	18	exchange	exchange	VERB
fbem-511	51	19	rate	rate	NOUN
fbem-511	51	20	stability	stability	NOUN
fbem-511	51	21	.	.	PUNCT
fbem-511	52	1	therefore	therefore	ADV
fbem-511	52	2	,	,	PUNCT
fbem-511	52	3	the	the	DET
fbem-511	52	4	independence	independence	NOUN
fbem-511	52	5	of	of	ADP
fbem-511	52	6	monetary	monetary	ADJ
fbem-511	52	7	policy	policy	NOUN
fbem-511	52	8	in	in	ADP
fbem-511	52	9	many	many	ADJ
fbem-511	52	10	countries	country	NOUN
fbem-511	52	11	is	be	AUX
fbem-511	52	12	affected	affect	VERB
fbem-511	52	13	by	by	ADP
fbem-511	52	14	federal	federal	PROPN
fbem-511	52	15	reserve	reserve	PROPN
fbem-511	52	16	monetary	monetary	ADJ
fbem-511	52	17	policy	policy	NOUN
fbem-511	52	18	.	.	PUNCT
fbem-511	53	1	gourinchas	gourinchas	PROPN
fbem-511	53	2	and	and	CCONJ
fbem-511	53	3	ray	ray	PROPN
fbem-511	53	4	(	(	PUNCT
fbem-511	53	5	2007	2007	NUM
fbem-511	53	6	)	)	PUNCT
fbem-511	53	7	pointed	point	VERB
fbem-511	53	8	out	out	ADP
fbem-511	53	9	that	that	SCONJ
fbem-511	53	10	the	the	DET
fbem-511	53	11	fluctuation	fluctuation	NOUN
fbem-511	53	12	of	of	ADP
fbem-511	53	13	us	us	PROPN
fbem-511	53	14	dollar	dollar	NOUN
fbem-511	53	15	exchange	exchange	NOUN
fbem-511	53	16	rate	rate	NOUN
fbem-511	53	17	and	and	CCONJ
fbem-511	53	18	interest	interest	NOUN
fbem-511	53	19	rate	rate	NOUN
fbem-511	53	20	is	be	AUX
fbem-511	53	21	the	the	DET
fbem-511	53	22	main	main	ADJ
fbem-511	53	23	cause	cause	NOUN
fbem-511	53	24	of	of	ADP
fbem-511	53	25	the	the	DET
fbem-511	53	26	crisis	crisis	NOUN
fbem-511	53	27	,	,	PUNCT
fbem-511	53	28	and	and	CCONJ
fbem-511	53	29	once	once	SCONJ
fbem-511	53	30	the	the	DET
fbem-511	53	31	crisis	crisis	NOUN
fbem-511	53	32	occurs	occur	VERB
fbem-511	53	33	,	,	PUNCT
fbem-511	53	34	it	it	PRON
fbem-511	53	35	will	will	AUX
fbem-511	53	36	be	be	AUX
fbem-511	53	37	transmitted	transmit	VERB
fbem-511	53	38	among	among	ADP
fbem-511	53	39	countries	country	NOUN
fbem-511	53	40	.	.	PUNCT
fbem-511	54	1	this	this	DET
fbem-511	54	2	kind	kind	NOUN
fbem-511	54	3	of	of	ADP
fbem-511	54	4	crisis	crisis	NOUN
fbem-511	54	5	is	be	AUX
fbem-511	54	6	called	call	VERB
fbem-511	54	7	"	"	PUNCT
fbem-511	54	8	monsoon	monsoon	NOUN
fbem-511	54	9	crisis	crisis	NOUN
fbem-511	54	10	"	"	PUNCT
fbem-511	54	11	.	.	PUNCT
fbem-511	55	1	the	the	DET
fbem-511	55	2	united	united	PROPN
fbem-511	55	3	states	states	PROPN
fbem-511	55	4	uses	use	VERB
fbem-511	55	5	its	its	PRON
fbem-511	55	6	position	position	NOUN
fbem-511	55	7	as	as	ADP
fbem-511	55	8	the	the	DET
fbem-511	55	9	main	main	ADJ
fbem-511	55	10	reserve	reserve	NOUN
fbem-511	55	11	currency	currency	NOUN
fbem-511	55	12	of	of	ADP
fbem-511	55	13	the	the	DET
fbem-511	55	14	us	us	PROPN
fbem-511	55	15	dollar	dollar	NOUN
fbem-511	55	16	and	and	CCONJ
fbem-511	55	17	its	its	PRON
fbem-511	55	18	strong	strong	ADJ
fbem-511	55	19	financial	financial	ADJ
fbem-511	55	20	system	system	NOUN
fbem-511	55	21	to	to	ADP
fbem-511	55	22	overdraw	overdraw	ADJ
fbem-511	55	23	credit	credit	NOUN
fbem-511	55	24	,	,	PUNCT
fbem-511	55	25	borrow	borrow	VERB
fbem-511	55	26	and	and	CCONJ
fbem-511	55	27	consume	consume	VERB
fbem-511	55	28	around	around	ADP
fbem-511	55	29	the	the	DET
fbem-511	55	30	world	world	NOUN
fbem-511	55	31	.	.	PUNCT
fbem-511	56	1	this	this	DET
fbem-511	56	2	"	"	PUNCT
fbem-511	56	3	borrowing	borrow	VERB
fbem-511	56	4	consumption	consumption	NOUN
fbem-511	56	5	"	"	PUNCT
fbem-511	56	6	centered	center	VERB
fbem-511	56	7	on	on	ADP
fbem-511	56	8	the	the	DET
fbem-511	56	9	united	united	PROPN
fbem-511	56	10	states	states	PROPN
fbem-511	56	11	has	have	AUX
fbem-511	56	12	been	be	AUX
fbem-511	56	13	amplified	amplify	VERB
fbem-511	56	14	into	into	ADP
fbem-511	56	15	global	global	ADJ
fbem-511	56	16	monetary	monetary	ADJ
fbem-511	56	17	expansion	expansion	NOUN
fbem-511	56	18	through	through	ADP
fbem-511	56	19	the	the	DET
fbem-511	56	20	global	global	ADJ
fbem-511	56	21	financial	financial	ADJ
fbem-511	56	22	system	system	NOUN
fbem-511	56	23	,	,	PUNCT
fbem-511	56	24	thus	thus	ADV
fbem-511	56	25	driving	drive	VERB
fbem-511	56	26	the	the	DET
fbem-511	56	27	global	global	ADJ
fbem-511	56	28	economic	economic	ADJ
fbem-511	56	29	development	development	NOUN
fbem-511	56	30	.	.	PUNCT
fbem-511	57	1	the	the	DET
fbem-511	57	2	research	research	NOUN
fbem-511	57	3	results	result	NOUN
fbem-511	57	4	of	of	ADP
fbem-511	57	5	bu	bu	INTJ
fbem-511	57	6	et	et	PROPN
fbem-511	57	7	al	al	PROPN
fbem-511	57	8	.	.	PROPN
fbem-511	57	9	(	(	PUNCT
fbem-511	57	10	2021	2021	NUM
fbem-511	57	11	)	)	PUNCT
fbem-511	57	12	show	show	VERB
fbem-511	57	13	that	that	SCONJ
fbem-511	57	14	the	the	DET
fbem-511	57	15	fed	fed	PROPN
fbem-511	57	16	's	's	PART
fbem-511	57	17	monetary	monetary	ADJ
fbem-511	57	18	policy	policy	NOUN
fbem-511	57	19	first	first	ADV
fbem-511	57	20	has	have	VERB
fbem-511	57	21	an	an	DET
fbem-511	57	22	information	information	NOUN
fbem-511	57	23	effect	effect	NOUN
fbem-511	57	24	on	on	ADP
fbem-511	57	25	the	the	DET
fbem-511	57	26	economic	economic	ADJ
fbem-511	57	27	market	market	NOUN
fbem-511	57	28	,	,	PUNCT
fbem-511	57	29	especially	especially	ADV
fbem-511	57	30	on	on	ADP
fbem-511	57	31	the	the	DET
fbem-511	57	32	short	short	ADJ
fbem-511	57	33	-	-	PUNCT
fbem-511	57	34	term	term	NOUN
fbem-511	57	35	interest	interest	NOUN
fbem-511	57	36	rate	rate	NOUN
fbem-511	57	37	,	,	PUNCT
fbem-511	57	38	and	and	CCONJ
fbem-511	57	39	then	then	ADV
fbem-511	57	40	changes	change	VERB
fbem-511	57	41	the	the	DET
fbem-511	57	42	long	long	ADJ
fbem-511	57	43	-	-	PUNCT
fbem-511	57	44	term	term	NOUN
fbem-511	57	45	yield	yield	NOUN
fbem-511	57	46	.	.	PUNCT
fbem-511	58	1	berge	berge	NOUN
fbem-511	58	2	and	and	CCONJ
fbem-511	58	3	cao	cao	PROPN
fbem-511	58	4	(	(	PUNCT
fbem-511	58	5	2018	2018	NUM
fbem-511	58	6	)	)	PUNCT
fbem-511	58	7	concluded	conclude	VERB
fbem-511	58	8	that	that	SCONJ
fbem-511	58	9	under	under	ADP
fbem-511	58	10	the	the	DET
fbem-511	58	11	zero	zero	NUM
fbem-511	58	12	lower	low	ADJ
fbem-511	58	13	limit	limit	NOUN
fbem-511	58	14	,	,	PUNCT
fbem-511	58	15	the	the	DET
fbem-511	58	16	impact	impact	NOUN
fbem-511	58	17	of	of	ADP
fbem-511	58	18	us	us	PROPN
fbem-511	58	19	monetary	monetary	ADJ
fbem-511	58	20	policy	policy	NOUN
fbem-511	58	21	on	on	ADP
fbem-511	58	22	international	international	ADJ
fbem-511	58	23	asset	asset	NOUN
fbem-511	58	24	prices	price	NOUN
fbem-511	58	25	is	be	AUX
fbem-511	58	26	different	different	ADJ
fbem-511	58	27	.	.	PUNCT
fbem-511	59	1	short	short	ADJ
fbem-511	59	2	term	term	NOUN
fbem-511	59	3	interest	interest	NOUN
fbem-511	59	4	rates	rate	NOUN
fbem-511	59	5	and	and	CCONJ
fbem-511	59	6	stock	stock	NOUN
fbem-511	59	7	markets	market	NOUN
fbem-511	59	8	are	be	AUX
fbem-511	59	9	most	most	ADV
fbem-511	59	10	sensitive	sensitive	ADJ
fbem-511	59	11	to	to	ADP
fbem-511	59	12	changes	change	NOUN
fbem-511	59	13	in	in	ADP
fbem-511	59	14	the	the	DET
fbem-511	59	15	federal	federal	ADJ
fbem-511	59	16	funds	fund	NOUN
fbem-511	59	17	rate	rate	NOUN
fbem-511	59	18	,	,	PUNCT
fbem-511	59	19	while	while	SCONJ
fbem-511	59	20	long	long	ADJ
fbem-511	59	21	-	-	PUNCT
fbem-511	59	22	term	term	NOUN
fbem-511	59	23	interest	interest	NOUN
fbem-511	59	24	rates	rate	NOUN
fbem-511	59	25	are	be	AUX
fbem-511	59	26	more	more	ADV
fbem-511	59	27	sensitive	sensitive	ADJ
fbem-511	59	28	to	to	ADP
fbem-511	59	29	future	future	ADJ
fbem-511	59	30	policy	policy	NOUN
fbem-511	59	31	expectations	expectation	NOUN
fbem-511	59	32	.	.	PUNCT
fbem-511	60	1	howard	howard	PROPN
fbem-511	60	2	(	(	PUNCT
fbem-511	60	3	2015	2015	NUM
fbem-511	60	4	)	)	PUNCT
fbem-511	60	5	looked	look	VERB
fbem-511	60	6	at	at	ADP
fbem-511	60	7	the	the	DET
fbem-511	60	8	nominal	nominal	ADJ
fbem-511	60	9	and	and	CCONJ
fbem-511	60	10	real	real	ADJ
fbem-511	60	11	interest	interest	NOUN
fbem-511	60	12	rates	rate	NOUN
fbem-511	60	13	'	'	PART
fbem-511	60	14	equilibrium	equilibrium	NOUN
fbem-511	60	15	term	term	NOUN
fbem-511	60	16	structures	structure	NOUN
fbem-511	60	17	,	,	PUNCT
fbem-511	60	18	as	as	ADV
fbem-511	60	19	well	well	ADV
fbem-511	60	20	as	as	ADP
fbem-511	60	21	the	the	DET
fbem-511	60	22	time	time	NOUN
fbem-511	60	23	-	-	PUNCT
fbem-511	60	24	varying	vary	VERB
fbem-511	60	25	bond	bond	NOUN
fbem-511	60	26	risk	risk	NOUN
fbem-511	60	27	premium	premium	NOUN
fbem-511	60	28	predicted	predict	VERB
fbem-511	60	29	by	by	ADP
fbem-511	60	30	the	the	DET
fbem-511	60	31	stochastic	stochastic	ADJ
fbem-511	60	32	endogenous	endogenous	ADJ
fbem-511	60	33	growth	growth	NOUN
fbem-511	60	34	model	model	NOUN
fbem-511	60	35	with	with	ADP
fbem-511	60	36	incomplete	incomplete	ADJ
fbem-511	60	37	price	price	NOUN
fbem-511	60	38	adjustment	adjustment	NOUN
fbem-511	60	39	and	and	CCONJ
fbem-511	60	40	monetary	monetary	ADJ
fbem-511	60	41	policy	policy	NOUN
fbem-511	60	42	influence	influence	NOUN
fbem-511	60	43	.	.	PUNCT
fbem-511	61	1	craine	craine	PROPN
fbem-511	61	2	and	and	CCONJ
fbem-511	61	3	martin	martin	PROPN
fbem-511	61	4	(	(	PUNCT
fbem-511	61	5	2008	2008	NUM
fbem-511	61	6	)	)	PUNCT
fbem-511	61	7	studied	study	VERB
fbem-511	61	8	the	the	DET
fbem-511	61	9	spillover	spillover	NOUN
fbem-511	61	10	effects	effect	NOUN
fbem-511	61	11	of	of	ADP
fbem-511	61	12	monetary	monetary	ADJ
fbem-511	61	13	policy	policy	NOUN
fbem-511	61	14	shock	shock	NOUN
fbem-511	61	15	and	and	CCONJ
fbem-511	61	16	non	non	ADJ
fbem-511	61	17	monetary	monetary	ADJ
fbem-511	61	18	policy	policy	NOUN
fbem-511	61	19	shock	shock	NOUN
fbem-511	61	20	.	.	PUNCT
fbem-511	62	1	the	the	DET
fbem-511	62	2	empirical	empirical	ADJ
fbem-511	62	3	results	result	NOUN
fbem-511	62	4	show	show	VERB
fbem-511	62	5	that	that	SCONJ
fbem-511	62	6	the	the	DET
fbem-511	62	7	monetary	monetary	ADJ
fbem-511	62	8	policy	policy	NOUN
fbem-511	62	9	shock	shock	NOUN
fbem-511	62	10	of	of	ADP
fbem-511	62	11	the	the	DET
fbem-511	62	12	united	united	PROPN
fbem-511	62	13	states	states	PROPN
fbem-511	62	14	can	can	AUX
fbem-511	62	15	affect	affect	VERB
fbem-511	62	16	the	the	DET
fbem-511	62	17	bond	bond	NOUN
fbem-511	62	18	yield	yield	NOUN
fbem-511	62	19	of	of	ADP
fbem-511	62	20	australia	australia	PROPN
fbem-511	62	21	,	,	PUNCT
fbem-511	62	22	but	but	CCONJ
fbem-511	62	23	the	the	DET
fbem-511	62	24	monetary	monetary	ADJ
fbem-511	62	25	policy	policy	NOUN
fbem-511	62	26	shock	shock	NOUN
fbem-511	62	27	of	of	ADP
fbem-511	62	28	australia	australia	PROPN
fbem-511	62	29	has	have	VERB
fbem-511	62	30	no	no	DET
fbem-511	62	31	impact	impact	NOUN
fbem-511	62	32	on	on	ADP
fbem-511	62	33	the	the	DET
fbem-511	62	34	united	united	PROPN
fbem-511	62	35	states	states	PROPN
fbem-511	62	36	.	.	PUNCT
fbem-511	63	1	the	the	DET
fbem-511	63	2	spillover	spillover	ADJ
fbem-511	63	3	effect	effect	NOUN
fbem-511	63	4	of	of	ADP
fbem-511	63	5	non	non	ADJ
fbem-511	63	6	monetary	monetary	ADJ
fbem-511	63	7	policy	policy	NOUN
fbem-511	63	8	shocks	shock	NOUN
fbem-511	63	9	in	in	ADP
fbem-511	63	10	the	the	DET
fbem-511	63	11	united	united	PROPN
fbem-511	63	12	states	states	PROPN
fbem-511	63	13	is	be	AUX
fbem-511	63	14	more	more	ADV
fbem-511	63	15	significant	significant	ADJ
fbem-511	63	16	in	in	ADP
fbem-511	63	17	the	the	DET
fbem-511	63	18	long	long	ADJ
fbem-511	63	19	run	run	NOUN
fbem-511	63	20	.	.	PUNCT
fbem-511	64	1	bhuiyan	bhuiyan	PROPN
fbem-511	64	2	(	(	PUNCT
fbem-511	64	3	2012	2012	NUM
fbem-511	64	4	)	)	PUNCT
fbem-511	64	5	took	take	VERB
fbem-511	64	6	the	the	DET
fbem-511	64	7	bank	bank	NOUN
fbem-511	64	8	overnight	overnight	ADJ
fbem-511	64	9	interest	interest	NOUN
fbem-511	64	10	rate	rate	NOUN
fbem-511	64	11	as	as	ADP
fbem-511	64	12	the	the	DET
fbem-511	64	13	goal	goal	NOUN
fbem-511	64	14	of	of	ADP
fbem-511	64	15	monetary	monetary	ADJ
fbem-511	64	16	policy	policy	NOUN
fbem-511	64	17	tool	tool	NOUN
fbem-511	64	18	to	to	PART
fbem-511	64	19	study	study	VERB
fbem-511	64	20	the	the	DET
fbem-511	64	21	macroeconomic	macroeconomic	ADJ
fbem-511	64	22	impact	impact	NOUN
fbem-511	64	23	of	of	ADP
fbem-511	64	24	the	the	DET
fbem-511	64	25	monetary	monetary	ADJ
fbem-511	64	26	policy	policy	NOUN
fbem-511	64	27	of	of	ADP
fbem-511	64	28	the	the	DET
fbem-511	64	29	canadian	canadian	ADJ
fbem-511	64	30	monetary	monetary	ADJ
fbem-511	64	31	authority	authority	NOUN
fbem-511	64	32	.	.	PUNCT
fbem-511	65	1	it	it	PRON
fbem-511	65	2	is	be	AUX
fbem-511	65	3	found	find	VERB
fbem-511	65	4	that	that	SCONJ
fbem-511	65	5	monetary	monetary	ADJ
fbem-511	65	6	policy	policy	NOUN
fbem-511	65	7	can	can	AUX
fbem-511	65	8	affect	affect	VERB
fbem-511	65	9	real	real	ADJ
fbem-511	65	10	economic	economic	ADJ
fbem-511	65	11	growth	growth	NOUN
fbem-511	65	12	through	through	ADP
fbem-511	65	13	market	market	NOUN
fbem-511	65	14	interest	interest	NOUN
fbem-511	65	15	rate	rate	NOUN
fbem-511	65	16	and	and	CCONJ
fbem-511	65	17	exchange	exchange	NOUN
fbem-511	65	18	rate	rate	NOUN
fbem-511	65	19	channels	channel	NOUN
fbem-511	65	20	.	.	PUNCT
fbem-511	66	1	neri	neri	PROPN
fbem-511	66	2	and	and	CCONJ
fbem-511	66	3	nobil	nobil	PROPN
fbem-511	66	4	(	(	PUNCT
fbem-511	66	5	2010	2010	NUM
fbem-511	66	6	)	)	PUNCT
fbem-511	66	7	studied	study	VERB
fbem-511	66	8	the	the	DET
fbem-511	66	9	impact	impact	NOUN
fbem-511	66	10	of	of	ADP
fbem-511	66	11	the	the	DET
fbem-511	66	12	federal	federal	ADJ
fbem-511	66	13	funds	fund	NOUN
fbem-511	66	14	rate	rate	NOUN
fbem-511	66	15	on	on	ADP
fbem-511	66	16	the	the	DET
fbem-511	66	17	economy	economy	NOUN
fbem-511	66	18	of	of	ADP
fbem-511	66	19	the	the	DET
fbem-511	66	20	eurozone	eurozone	NOUN
fbem-511	66	21	.	.	PUNCT
fbem-511	67	1	it	it	PRON
fbem-511	67	2	is	be	AUX
fbem-511	67	3	found	find	VERB
fbem-511	67	4	that	that	SCONJ
fbem-511	67	5	in	in	ADP
fbem-511	67	6	the	the	DET
fbem-511	67	7	international	international	ADJ
fbem-511	67	8	transmission	transmission	NOUN
fbem-511	67	9	mechanism	mechanism	NOUN
fbem-511	67	10	of	of	ADP
fbem-511	67	11	monetary	monetary	ADJ
fbem-511	67	12	policy	policy	NOUN
fbem-511	67	13	,	,	PUNCT
fbem-511	67	14	the	the	DET
fbem-511	67	15	impact	impact	NOUN
fbem-511	67	16	of	of	ADP
fbem-511	67	17	monetary	monetary	ADJ
fbem-511	67	18	policy	policy	NOUN
fbem-511	67	19	on	on	ADP
fbem-511	67	20	macro	macro	NOUN
fbem-511	67	21	-	-	NOUN
fbem-511	67	22	economy	economy	NOUN
fbem-511	67	23	works	work	VERB
fbem-511	67	24	through	through	ADP
fbem-511	67	25	the	the	DET
fbem-511	67	26	transmission	transmission	NOUN
fbem-511	67	27	mechanism	mechanism	NOUN
fbem-511	67	28	of	of	ADP
fbem-511	67	29	exchange	exchange	NOUN
fbem-511	67	30	rate	rate	NOUN
fbem-511	67	31	,	,	PUNCT
fbem-511	67	32	commodity	commodity	NOUN
fbem-511	67	33	price	price	NOUN
fbem-511	67	34	,	,	PUNCT
fbem-511	67	35	short	short	ADJ
fbem-511	67	36	-	-	PUNCT
fbem-511	67	37	term	term	NOUN
fbem-511	67	38	interest	interest	NOUN
fbem-511	67	39	rate	rate	NOUN
fbem-511	67	40	and	and	CCONJ
fbem-511	67	41	trade	trade	NOUN
fbem-511	67	42	balance	balance	NOUN
fbem-511	67	43	.	.	PUNCT
fbem-511	68	1	the	the	DET
fbem-511	68	2	results	result	NOUN
fbem-511	68	3	show	show	VERB
fbem-511	68	4	that	that	SCONJ
fbem-511	68	5	the	the	DET
fbem-511	68	6	rise	rise	NOUN
fbem-511	68	7	of	of	ADP
fbem-511	68	8	the	the	DET
fbem-511	68	9	federal	federal	ADJ
fbem-511	68	10	funds	fund	NOUN
fbem-511	68	11	rate	rate	NOUN
fbem-511	68	12	will	will	AUX
fbem-511	68	13	lead	lead	VERB
fbem-511	68	14	to	to	ADP
fbem-511	68	15	the	the	DET
fbem-511	68	16	immediate	immediate	ADJ
fbem-511	68	17	depreciation	depreciation	NOUN
fbem-511	68	18	of	of	ADP
fbem-511	68	19	the	the	DET
fbem-511	68	20	euro	euro	NOUN
fbem-511	68	21	,	,	PUNCT
fbem-511	68	22	and	and	CCONJ
fbem-511	68	23	the	the	DET
fbem-511	68	24	sharp	sharp	ADJ
fbem-511	68	25	decline	decline	NOUN
fbem-511	68	26	in	in	ADP
fbem-511	68	27	the	the	DET
fbem-511	68	28	prices	price	NOUN
fbem-511	68	29	of	of	ADP
fbem-511	68	30	commodities	commodity	NOUN
fbem-511	68	31	,	,	PUNCT
fbem-511	68	32	especially	especially	ADV
fbem-511	68	33	oil	oil	NOUN
fbem-511	68	34	,	,	PUNCT
fbem-511	68	35	reflects	reflect	VERB
fbem-511	68	36	the	the	DET
fbem-511	68	37	decline	decline	NOUN
fbem-511	68	38	in	in	ADP
fbem-511	68	39	demand	demand	NOUN
fbem-511	68	40	.	.	PUNCT
fbem-511	69	1	in	in	ADP
fbem-511	69	2	the	the	DET
fbem-511	69	3	short	short	ADJ
fbem-511	69	4	term	term	NOUN
fbem-511	69	5	,	,	PUNCT
fbem-511	69	6	lower	low	ADJ
fbem-511	69	7	commodity	commodity	NOUN
fbem-511	69	8	prices	price	NOUN
fbem-511	69	9	will	will	AUX
fbem-511	69	10	boost	boost	VERB
fbem-511	69	11	household	household	NOUN
fbem-511	69	12	consumption	consumption	NOUN
fbem-511	69	13	,	,	PUNCT
fbem-511	69	14	resulting	result	VERB
fbem-511	69	15	in	in	ADP
fbem-511	69	16	an	an	DET
fbem-511	69	17	increase	increase	NOUN
fbem-511	69	18	in	in	ADP
fbem-511	69	19	aggregate	aggregate	ADJ
fbem-511	69	20	demand	demand	NOUN
fbem-511	69	21	and	and	CCONJ
fbem-511	69	22	an	an	DET
fbem-511	69	23	expansion	expansion	NOUN
fbem-511	69	24	of	of	ADP
fbem-511	69	25	economic	economic	ADJ
fbem-511	69	26	activity	activity	NOUN
fbem-511	69	27	in	in	ADP
fbem-511	69	28	the	the	DET
fbem-511	69	29	eurozone	eurozone	NOUN
fbem-511	69	30	.	.	PUNCT
fbem-511	70	1	in	in	ADP
fbem-511	70	2	addition	addition	NOUN
fbem-511	70	3	,	,	PUNCT
fbem-511	70	4	they	they	PRON
fbem-511	70	5	assessed	assess	VERB
fbem-511	70	6	the	the	DET
fbem-511	70	7	possible	possible	ADJ
fbem-511	70	8	impact	impact	NOUN
fbem-511	70	9	of	of	ADP
fbem-511	70	10	the	the	DET
fbem-511	70	11	ecb	ecb	NOUN
fbem-511	70	12	's	's	PART
fbem-511	70	13	own	own	ADJ
fbem-511	70	14	response	response	NOUN
fbem-511	70	15	to	to	ADP
fbem-511	70	16	macroeconomic	macroeconomic	ADJ
fbem-511	70	17	changes	change	NOUN
fbem-511	70	18	on	on	ADP
fbem-511	70	19	the	the	DET
fbem-511	70	20	eurozone	eurozone	NOUN
fbem-511	70	21	economy	economy	NOUN
fbem-511	70	22	.	.	PUNCT
fbem-511	71	1	the	the	DET
fbem-511	71	2	study	study	NOUN
fbem-511	71	3	found	find	VERB
fbem-511	71	4	that	that	SCONJ
fbem-511	71	5	in	in	ADP
fbem-511	71	6	order	order	NOUN
fbem-511	71	7	to	to	PART
fbem-511	71	8	curb	curb	VERB
fbem-511	71	9	the	the	DET
fbem-511	71	10	inflationary	inflationary	ADJ
fbem-511	71	11	pressure	pressure	NOUN
fbem-511	71	12	in	in	ADP
fbem-511	71	13	102	102	NUM
fbem-511	71	14	economic	economic	ADJ
fbem-511	71	15	expansion	expansion	NOUN
fbem-511	71	16	,	,	PUNCT
fbem-511	71	17	the	the	DET
fbem-511	71	18	european	european	PROPN
fbem-511	71	19	central	central	PROPN
fbem-511	71	20	bank	bank	PROPN
fbem-511	71	21	offset	offset	VERB
fbem-511	71	22	the	the	DET
fbem-511	71	23	expansion	expansion	NOUN
fbem-511	71	24	effect	effect	NOUN
fbem-511	71	25	of	of	ADP
fbem-511	71	26	euro	euro	NOUN
fbem-511	71	27	depreciation	depreciation	NOUN
fbem-511	71	28	on	on	ADP
fbem-511	71	29	the	the	DET
fbem-511	71	30	euro	euro	PROPN
fbem-511	71	31	area	area	NOUN
fbem-511	71	32	economy	economy	NOUN
fbem-511	71	33	by	by	ADP
fbem-511	71	34	increasing	increase	VERB
fbem-511	71	35	short	short	ADJ
fbem-511	71	36	-	-	PUNCT
fbem-511	71	37	term	term	NOUN
fbem-511	71	38	nominal	nominal	ADJ
fbem-511	71	39	interest	interest	NOUN
fbem-511	71	40	rates	rate	NOUN
fbem-511	71	41	.	.	PUNCT
fbem-511	72	1	kim	kim	PROPN
fbem-511	72	2	(	(	PUNCT
fbem-511	72	3	2001	2001	NUM
fbem-511	72	4	)	)	PUNCT
fbem-511	72	5	established	establish	VERB
fbem-511	72	6	a	a	DET
fbem-511	72	7	transaction	transaction	NOUN
fbem-511	72	8	cost	cost	NOUN
fbem-511	72	9	model	model	NOUN
fbem-511	72	10	to	to	PART
fbem-511	72	11	explain	explain	VERB
fbem-511	72	12	international	international	ADJ
fbem-511	72	13	capital	capital	NOUN
fbem-511	72	14	flow	flow	NOUN
fbem-511	72	15	.	.	PUNCT
fbem-511	73	1	he	he	PRON
fbem-511	73	2	believed	believe	VERB
fbem-511	73	3	that	that	SCONJ
fbem-511	73	4	capital	capital	NOUN
fbem-511	73	5	flow	flow	NOUN
fbem-511	73	6	is	be	AUX
fbem-511	73	7	a	a	DET
fbem-511	73	8	function	function	NOUN
fbem-511	73	9	of	of	ADP
fbem-511	73	10	foreign	foreign	ADJ
fbem-511	73	11	investment	investment	NOUN
fbem-511	73	12	return	return	NOUN
fbem-511	73	13	,	,	PUNCT
fbem-511	73	14	domestic	domestic	ADJ
fbem-511	73	15	transaction	transaction	NOUN
fbem-511	73	16	cost	cost	NOUN
fbem-511	73	17	and	and	CCONJ
fbem-511	73	18	foreign	foreign	ADJ
fbem-511	73	19	transaction	transaction	NOUN
fbem-511	73	20	cost	cost	NOUN
fbem-511	73	21	.	.	PUNCT
fbem-511	74	1	although	although	SCONJ
fbem-511	74	2	the	the	DET
fbem-511	74	3	explanations	explanation	NOUN
fbem-511	74	4	of	of	ADP
fbem-511	74	5	capital	capital	NOUN
fbem-511	74	6	flow	flow	NOUN
fbem-511	74	7	theory	theory	NOUN
fbem-511	74	8	for	for	ADP
fbem-511	74	9	the	the	DET
fbem-511	74	10	reasons	reason	NOUN
fbem-511	74	11	of	of	ADP
fbem-511	74	12	capital	capital	NOUN
fbem-511	74	13	flow	flow	NOUN
fbem-511	74	14	are	be	AUX
fbem-511	74	15	different	different	ADJ
fbem-511	74	16	,	,	PUNCT
fbem-511	74	17	they	they	PRON
fbem-511	74	18	all	all	PRON
fbem-511	74	19	have	have	VERB
fbem-511	74	20	one	one	NUM
fbem-511	74	21	thing	thing	NOUN
fbem-511	74	22	in	in	ADP
fbem-511	74	23	common	common	ADJ
fbem-511	74	24	,	,	PUNCT
fbem-511	74	25	that	that	ADV
fbem-511	74	26	is	is	ADV
fbem-511	74	27	,	,	PUNCT
fbem-511	74	28	the	the	DET
fbem-511	74	29	expected	expect	VERB
fbem-511	74	30	return	return	NOUN
fbem-511	74	31	on	on	ADP
fbem-511	74	32	foreign	foreign	ADJ
fbem-511	74	33	investment	investment	NOUN
fbem-511	74	34	is	be	AUX
fbem-511	74	35	the	the	DET
fbem-511	74	36	main	main	ADJ
fbem-511	74	37	factor	factor	NOUN
fbem-511	74	38	affecting	affect	VERB
fbem-511	74	39	capital	capital	NOUN
fbem-511	74	40	flow	flow	NOUN
fbem-511	74	41	.	.	PUNCT
fbem-511	75	1	sousa	sousa	NOUN
fbem-511	75	2	and	and	CCONJ
fbem-511	75	3	zaghinib	zaghinib	NOUN
fbem-511	75	4	(	(	PUNCT
fbem-511	75	5	2007	2007	NUM
fbem-511	75	6	)	)	PUNCT
fbem-511	75	7	believes	believe	VERB
fbem-511	75	8	that	that	SCONJ
fbem-511	75	9	international	international	ADJ
fbem-511	75	10	capital	capital	NOUN
fbem-511	75	11	flows	flow	NOUN
fbem-511	75	12	will	will	AUX
fbem-511	75	13	not	not	PART
fbem-511	75	14	only	only	ADV
fbem-511	75	15	affect	affect	VERB
fbem-511	75	16	the	the	DET
fbem-511	75	17	price	price	NOUN
fbem-511	75	18	of	of	ADP
fbem-511	75	19	money	money	NOUN
fbem-511	75	20	and	and	CCONJ
fbem-511	75	21	financial	financial	ADJ
fbem-511	75	22	assets	asset	NOUN
fbem-511	75	23	,	,	PUNCT
fbem-511	75	24	but	but	CCONJ
fbem-511	75	25	also	also	ADV
fbem-511	75	26	affect	affect	VERB
fbem-511	75	27	the	the	DET
fbem-511	75	28	total	total	ADJ
fbem-511	75	29	amount	amount	NOUN
fbem-511	75	30	of	of	ADP
fbem-511	75	31	money	money	NOUN
fbem-511	75	32	.	.	PUNCT
fbem-511	76	1	under	under	ADP
fbem-511	76	2	the	the	DET
fbem-511	76	3	fixed	fix	VERB
fbem-511	76	4	exchange	exchange	NOUN
fbem-511	76	5	rate	rate	NOUN
fbem-511	76	6	system	system	NOUN
fbem-511	76	7	,	,	PUNCT
fbem-511	76	8	in	in	ADP
fbem-511	76	9	order	order	NOUN
fbem-511	76	10	to	to	PART
fbem-511	76	11	maintain	maintain	VERB
fbem-511	76	12	exchange	exchange	NOUN
fbem-511	76	13	rate	rate	NOUN
fbem-511	76	14	stability	stability	NOUN
fbem-511	76	15	,	,	PUNCT
fbem-511	76	16	the	the	DET
fbem-511	76	17	central	central	ADJ
fbem-511	76	18	bank	bank	NOUN
fbem-511	76	19	's	's	PART
fbem-511	76	20	currency	currency	NOUN
fbem-511	76	21	circulation	circulation	NOUN
fbem-511	76	22	is	be	AUX
fbem-511	76	23	restricted	restrict	VERB
fbem-511	76	24	by	by	ADP
fbem-511	76	25	international	international	ADJ
fbem-511	76	26	capital	capital	NOUN
fbem-511	76	27	flows	flow	NOUN
fbem-511	76	28	.	.	PUNCT
fbem-511	77	1	for	for	ADP
fbem-511	77	2	countries	country	NOUN
fbem-511	77	3	with	with	ADP
fbem-511	77	4	floating	float	VERB
fbem-511	77	5	exchange	exchange	NOUN
fbem-511	77	6	rates	rate	NOUN
fbem-511	77	7	,	,	PUNCT
fbem-511	77	8	the	the	DET
fbem-511	77	9	impact	impact	NOUN
fbem-511	77	10	of	of	ADP
fbem-511	77	11	international	international	ADJ
fbem-511	77	12	capital	capital	NOUN
fbem-511	77	13	flows	flow	NOUN
fbem-511	77	14	can	can	AUX
fbem-511	77	15	be	be	AUX
fbem-511	77	16	offset	offset	VERB
fbem-511	77	17	by	by	ADP
fbem-511	77	18	changes	change	NOUN
fbem-511	77	19	in	in	ADP
fbem-511	77	20	exchange	exchange	NOUN
fbem-511	77	21	rates	rate	NOUN
fbem-511	77	22	,	,	PUNCT
fbem-511	77	23	but	but	CCONJ
fbem-511	77	24	there	there	PRON
fbem-511	77	25	is	be	VERB
fbem-511	77	26	a	a	DET
fbem-511	77	27	time	time	NOUN
fbem-511	77	28	lag	lag	NOUN
fbem-511	77	29	in	in	ADP
fbem-511	77	30	the	the	DET
fbem-511	77	31	adjustment	adjustment	NOUN
fbem-511	77	32	of	of	ADP
fbem-511	77	33	exchange	exchange	NOUN
fbem-511	77	34	rates	rate	NOUN
fbem-511	77	35	and	and	CCONJ
fbem-511	77	36	central	central	ADJ
fbem-511	77	37	bank	bank	NOUN
fbem-511	77	38	interest	interest	NOUN
fbem-511	77	39	rates	rate	NOUN
fbem-511	77	40	.	.	PUNCT
fbem-511	78	1	if	if	SCONJ
fbem-511	78	2	the	the	DET
fbem-511	78	3	policy	policy	NOUN
fbem-511	78	4	regulation	regulation	NOUN
fbem-511	78	5	does	do	AUX
fbem-511	78	6	not	not	PART
fbem-511	78	7	match	match	VERB
fbem-511	78	8	the	the	DET
fbem-511	78	9	changes	change	NOUN
fbem-511	78	10	of	of	ADP
fbem-511	78	11	capital	capital	NOUN
fbem-511	78	12	flow	flow	NOUN
fbem-511	78	13	and	and	CCONJ
fbem-511	78	14	exchange	exchange	NOUN
fbem-511	78	15	rate	rate	NOUN
fbem-511	78	16	,	,	PUNCT
fbem-511	78	17	it	it	PRON
fbem-511	78	18	will	will	AUX
fbem-511	78	19	easily	easily	ADV
fbem-511	78	20	lead	lead	VERB
fbem-511	78	21	to	to	ADP
fbem-511	78	22	the	the	DET
fbem-511	78	23	imbalance	imbalance	NOUN
fbem-511	78	24	of	of	ADP
fbem-511	78	25	liquidity	liquidity	NOUN
fbem-511	78	26	in	in	ADP
fbem-511	78	27	the	the	DET
fbem-511	78	28	domestic	domestic	ADJ
fbem-511	78	29	market	market	NOUN
fbem-511	78	30	.	.	PUNCT
fbem-511	79	1	goldstein	goldstein	NOUN
fbem-511	79	2	and	and	CCONJ
fbem-511	79	3	lardy	lardy	ADJ
fbem-511	79	4	(	(	PUNCT
fbem-511	79	5	2006	2006	NUM
fbem-511	79	6	)	)	PUNCT
fbem-511	79	7	believes	believe	VERB
fbem-511	79	8	that	that	SCONJ
fbem-511	79	9	china	china	PROPN
fbem-511	79	10	is	be	AUX
fbem-511	79	11	facing	face	VERB
fbem-511	79	12	difficulties	difficulty	NOUN
fbem-511	79	13	in	in	ADP
fbem-511	79	14	the	the	DET
fbem-511	79	15	exchange	exchange	NOUN
fbem-511	79	16	rate	rate	NOUN
fbem-511	79	17	system	system	NOUN
fbem-511	79	18	,	,	PUNCT
fbem-511	79	19	and	and	CCONJ
fbem-511	79	20	both	both	DET
fbem-511	79	21	china	china	PROPN
fbem-511	79	22	and	and	CCONJ
fbem-511	79	23	the	the	DET
fbem-511	79	24	world	world	NOUN
fbem-511	79	25	economy	economy	NOUN
fbem-511	79	26	need	need	VERB
fbem-511	79	27	to	to	PART
fbem-511	79	28	make	make	VERB
fbem-511	79	29	compromises	compromise	NOUN
fbem-511	79	30	to	to	PART
fbem-511	79	31	avoid	avoid	VERB
fbem-511	79	32	further	further	ADJ
fbem-511	79	33	aggravation	aggravation	NOUN
fbem-511	79	34	of	of	ADP
fbem-511	79	35	the	the	DET
fbem-511	79	36	imbalance	imbalance	NOUN
fbem-511	79	37	of	of	ADP
fbem-511	79	38	the	the	DET
fbem-511	79	39	world	world	NOUN
fbem-511	79	40	economy	economy	NOUN
fbem-511	79	41	.	.	PUNCT
fbem-511	80	1	2.3	2.3	NUM
fbem-511	80	2	.	.	PUNCT
fbem-511	81	1	asset	asset	NOUN
fbem-511	81	2	prices	price	NOUN
fbem-511	81	3	and	and	CCONJ
fbem-511	81	4	credit	credit	NOUN
fbem-511	81	5	channels	channel	NOUN
fbem-511	81	6	in	in	ADP
fbem-511	81	7	the	the	DET
fbem-511	81	8	macroeconomic	macroeconomic	ADJ
fbem-511	81	9	model	model	NOUN
fbem-511	81	10	,	,	PUNCT
fbem-511	81	11	gertler	gertler	NOUN
fbem-511	81	12	and	and	CCONJ
fbem-511	81	13	karadi	karadi	NOUN
fbem-511	81	14	(	(	PUNCT
fbem-511	81	15	2013	2013	NUM
fbem-511	81	16	)	)	PUNCT
fbem-511	81	17	argue	argue	VERB
fbem-511	81	18	that	that	SCONJ
fbem-511	81	19	the	the	DET
fbem-511	81	20	federal	federal	PROPN
fbem-511	81	21	reserve	reserve	PROPN
fbem-511	81	22	uses	use	VERB
fbem-511	81	23	large	large	ADJ
fbem-511	81	24	-	-	PUNCT
fbem-511	81	25	scale	scale	NOUN
fbem-511	81	26	asset	asset	NOUN
fbem-511	81	27	purchases	purchase	NOUN
fbem-511	81	28	as	as	ADP
fbem-511	81	29	a	a	DET
fbem-511	81	30	monetary	monetary	ADJ
fbem-511	81	31	policy	policy	NOUN
fbem-511	81	32	tool	tool	NOUN
fbem-511	81	33	.	.	PUNCT
fbem-511	82	1	as	as	ADP
fbem-511	82	2	a	a	DET
fbem-511	82	3	result	result	NOUN
fbem-511	82	4	,	,	PUNCT
fbem-511	82	5	it	it	PRON
fbem-511	82	6	has	have	AUX
fbem-511	82	7	been	be	AUX
fbem-511	82	8	discovered	discover	VERB
fbem-511	82	9	that	that	SCONJ
fbem-511	82	10	monetary	monetary	ADJ
fbem-511	82	11	policy	policy	NOUN
fbem-511	82	12	can	can	AUX
fbem-511	82	13	have	have	VERB
fbem-511	82	14	an	an	DET
fbem-511	82	15	impact	impact	NOUN
fbem-511	82	16	on	on	ADP
fbem-511	82	17	the	the	DET
fbem-511	82	18	macro	macro	ADJ
fbem-511	82	19	economy	economy	NOUN
fbem-511	82	20	via	via	ADP
fbem-511	82	21	term	term	NOUN
fbem-511	82	22	premium	premium	NOUN
fbem-511	82	23	,	,	PUNCT
fbem-511	82	24	credit	credit	NOUN
fbem-511	82	25	spread	spread	NOUN
fbem-511	82	26	,	,	PUNCT
fbem-511	82	27	and	and	CCONJ
fbem-511	82	28	other	other	ADJ
fbem-511	82	29	channels	channel	NOUN
fbem-511	82	30	.	.	PUNCT
fbem-511	83	1	frankel	frankel	NOUN
fbem-511	83	2	(	(	PUNCT
fbem-511	83	3	1986	1986	NUM
fbem-511	83	4	)	)	PUNCT
fbem-511	83	5	found	find	VERB
fbem-511	83	6	that	that	SCONJ
fbem-511	83	7	the	the	DET
fbem-511	83	8	loose	loose	ADJ
fbem-511	83	9	monetary	monetary	ADJ
fbem-511	83	10	policy	policy	NOUN
fbem-511	83	11	of	of	ADP
fbem-511	83	12	the	the	DET
fbem-511	83	13	federal	federal	PROPN
fbem-511	83	14	reserve	reserve	PROPN
fbem-511	83	15	will	will	AUX
fbem-511	83	16	cause	cause	VERB
fbem-511	83	17	a	a	DET
fbem-511	83	18	significant	significant	ADJ
fbem-511	83	19	rise	rise	NOUN
fbem-511	83	20	in	in	ADP
fbem-511	83	21	commodity	commodity	NOUN
fbem-511	83	22	prices	price	NOUN
fbem-511	83	23	,	,	PUNCT
fbem-511	83	24	and	and	CCONJ
fbem-511	83	25	further	far	ADV
fbem-511	83	26	found	find	VERB
fbem-511	83	27	that	that	SCONJ
fbem-511	83	28	the	the	DET
fbem-511	83	29	loose	loose	ADJ
fbem-511	83	30	monetary	monetary	ADJ
fbem-511	83	31	policy	policy	NOUN
fbem-511	83	32	can	can	AUX
fbem-511	83	33	cause	cause	VERB
fbem-511	83	34	inflation	inflation	NOUN
fbem-511	83	35	by	by	ADP
fbem-511	83	36	improving	improve	VERB
fbem-511	83	37	the	the	DET
fbem-511	83	38	liquidity	liquidity	NOUN
fbem-511	83	39	of	of	ADP
fbem-511	83	40	the	the	DET
fbem-511	83	41	money	money	NOUN
fbem-511	83	42	market	market	NOUN
fbem-511	83	43	and	and	CCONJ
fbem-511	83	44	the	the	DET
fbem-511	83	45	rise	rise	NOUN
fbem-511	83	46	of	of	ADP
fbem-511	83	47	commodity	commodity	NOUN
fbem-511	83	48	prices	price	NOUN
fbem-511	83	49	.	.	PUNCT
fbem-511	84	1	therefore	therefore	ADV
fbem-511	84	2	,	,	PUNCT
fbem-511	84	3	the	the	DET
fbem-511	84	4	fed	fed	PROPN
fbem-511	84	5	must	must	AUX
fbem-511	84	6	also	also	ADV
fbem-511	84	7	implement	implement	VERB
fbem-511	84	8	specific	specific	ADJ
fbem-511	84	9	monetary	monetary	ADJ
fbem-511	84	10	policy	policy	NOUN
fbem-511	84	11	according	accord	VERB
fbem-511	84	12	to	to	ADP
fbem-511	84	13	the	the	DET
fbem-511	84	14	actual	actual	ADJ
fbem-511	84	15	situation	situation	NOUN
fbem-511	84	16	of	of	ADP
fbem-511	84	17	inflation	inflation	NOUN
fbem-511	84	18	and	and	CCONJ
fbem-511	84	19	monetary	monetary	ADJ
fbem-511	84	20	policy	policy	NOUN
fbem-511	84	21	objectives	objective	NOUN
fbem-511	84	22	.	.	PUNCT
fbem-511	85	1	akram	akram	NOUN
fbem-511	85	2	(	(	PUNCT
fbem-511	85	3	2009	2009	NUM
fbem-511	85	4	)	)	PUNCT
fbem-511	85	5	found	find	VERB
fbem-511	85	6	that	that	SCONJ
fbem-511	85	7	after	after	ADP
fbem-511	85	8	the	the	DET
fbem-511	85	9	implementation	implementation	NOUN
fbem-511	85	10	of	of	ADP
fbem-511	85	11	the	the	DET
fbem-511	85	12	federal	federal	PROPN
fbem-511	85	13	reserve	reserve	PROPN
fbem-511	85	14	's	's	PART
fbem-511	85	15	loose	loose	ADJ
fbem-511	85	16	monetary	monetary	ADJ
fbem-511	85	17	policy	policy	NOUN
fbem-511	85	18	,	,	PUNCT
fbem-511	85	19	commodity	commodity	NOUN
fbem-511	85	20	prices	price	NOUN
fbem-511	85	21	rose	rise	VERB
fbem-511	85	22	significantly	significantly	ADV
fbem-511	85	23	simultaneously	simultaneously	ADV
fbem-511	85	24	by	by	ADP
fbem-511	85	25	using	use	VERB
fbem-511	85	26	the	the	DET
fbem-511	85	27	svar	svar	PROPN
fbem-511	85	28	model	model	NOUN
fbem-511	85	29	.	.	PUNCT
fbem-511	86	1	moreover	moreover	ADV
fbem-511	86	2	,	,	PUNCT
fbem-511	86	3	in	in	ADP
fbem-511	86	4	the	the	DET
fbem-511	86	5	short	short	ADJ
fbem-511	86	6	term	term	NOUN
fbem-511	86	7	,	,	PUNCT
fbem-511	86	8	the	the	DET
fbem-511	86	9	rise	rise	NOUN
fbem-511	86	10	of	of	ADP
fbem-511	86	11	commodity	commodity	NOUN
fbem-511	86	12	prices	price	NOUN
fbem-511	86	13	is	be	AUX
fbem-511	86	14	significantly	significantly	ADV
fbem-511	86	15	greater	great	ADJ
fbem-511	86	16	than	than	ADP
fbem-511	86	17	that	that	PRON
fbem-511	86	18	of	of	ADP
fbem-511	86	19	interest	interest	NOUN
fbem-511	86	20	rates	rate	NOUN
fbem-511	86	21	.	.	PUNCT
fbem-511	87	1	in	in	ADP
fbem-511	87	2	the	the	DET
fbem-511	87	3	long	long	ADJ
fbem-511	87	4	run	run	NOUN
fbem-511	87	5	,	,	PUNCT
fbem-511	87	6	there	there	PRON
fbem-511	87	7	is	be	VERB
fbem-511	87	8	a	a	DET
fbem-511	87	9	significant	significant	ADJ
fbem-511	87	10	correlation	correlation	NOUN
fbem-511	87	11	between	between	ADP
fbem-511	87	12	the	the	DET
fbem-511	87	13	supply	supply	NOUN
fbem-511	87	14	of	of	ADP
fbem-511	87	15	us	us	PROPN
fbem-511	87	16	dollars	dollar	NOUN
fbem-511	87	17	and	and	CCONJ
fbem-511	87	18	commodity	commodity	NOUN
fbem-511	87	19	prices	price	NOUN
fbem-511	87	20	.	.	PUNCT
fbem-511	88	1	wongswan	wongswan	PROPN
fbem-511	88	2	(	(	PUNCT
fbem-511	88	3	2006,2009	2006,2009	NUM
fbem-511	88	4	)	)	PUNCT
fbem-511	88	5	used	use	VERB
fbem-511	88	6	high	high	ADJ
fbem-511	88	7	-	-	PUNCT
fbem-511	88	8	frequency	frequency	NOUN
fbem-511	88	9	data	datum	NOUN
fbem-511	88	10	to	to	PART
fbem-511	88	11	study	study	VERB
fbem-511	88	12	the	the	DET
fbem-511	88	13	impact	impact	NOUN
fbem-511	88	14	of	of	ADP
fbem-511	88	15	monetary	monetary	ADJ
fbem-511	88	16	policy	policy	NOUN
fbem-511	88	17	changes	change	NOUN
fbem-511	88	18	in	in	ADP
fbem-511	88	19	japan	japan	PROPN
fbem-511	88	20	and	and	CCONJ
fbem-511	88	21	the	the	DET
fbem-511	88	22	united	united	PROPN
fbem-511	88	23	states	states	PROPN
fbem-511	88	24	on	on	ADP
fbem-511	88	25	south	south	PROPN
fbem-511	88	26	korea	korea	PROPN
fbem-511	88	27	and	and	CCONJ
fbem-511	88	28	thailand	thailand	PROPN
fbem-511	88	29	.	.	PUNCT
fbem-511	89	1	it	it	PRON
fbem-511	89	2	was	be	AUX
fbem-511	89	3	found	find	VERB
fbem-511	89	4	that	that	SCONJ
fbem-511	89	5	although	although	SCONJ
fbem-511	89	6	the	the	DET
fbem-511	89	7	impact	impact	NOUN
fbem-511	89	8	is	be	AUX
fbem-511	89	9	significant	significant	ADJ
fbem-511	89	10	,	,	PUNCT
fbem-511	89	11	the	the	DET
fbem-511	89	12	impact	impact	NOUN
fbem-511	89	13	time	time	NOUN
fbem-511	89	14	is	be	AUX
fbem-511	89	15	relatively	relatively	ADV
fbem-511	89	16	short	short	ADJ
fbem-511	89	17	.	.	PUNCT
fbem-511	90	1	he	he	PRON
fbem-511	90	2	also	also	ADV
fbem-511	90	3	used	use	VERB
fbem-511	90	4	high	high	ADJ
fbem-511	90	5	-	-	PUNCT
fbem-511	90	6	frequency	frequency	NOUN
fbem-511	90	7	data	datum	NOUN
fbem-511	90	8	to	to	PART
fbem-511	90	9	analyze	analyze	VERB
fbem-511	90	10	the	the	DET
fbem-511	90	11	impact	impact	NOUN
fbem-511	90	12	of	of	ADP
fbem-511	90	13	u.s	u.s	PROPN
fbem-511	90	14	.	.	PROPN
fbem-511	90	15	monetary	monetary	ADJ
fbem-511	90	16	policy	policy	NOUN
fbem-511	90	17	on	on	ADP
fbem-511	90	18	15	15	NUM
fbem-511	90	19	countries	country	NOUN
fbem-511	90	20	.	.	PUNCT
fbem-511	91	1	the	the	DET
fbem-511	91	2	research	research	NOUN
fbem-511	91	3	believes	believe	VERB
fbem-511	91	4	that	that	SCONJ
fbem-511	91	5	the	the	DET
fbem-511	91	6	unexpected	unexpected	ADJ
fbem-511	91	7	reduction	reduction	NOUN
fbem-511	91	8	of	of	ADP
fbem-511	91	9	federal	federal	ADJ
fbem-511	91	10	fund	fund	NOUN
fbem-511	91	11	interest	interest	NOUN
fbem-511	91	12	rate	rate	NOUN
fbem-511	91	13	will	will	AUX
fbem-511	91	14	have	have	VERB
fbem-511	91	15	an	an	DET
fbem-511	91	16	impact	impact	NOUN
fbem-511	91	17	on	on	ADP
fbem-511	91	18	the	the	DET
fbem-511	91	19	stock	stock	NOUN
fbem-511	91	20	market	market	NOUN
fbem-511	91	21	of	of	ADP
fbem-511	91	22	other	other	ADJ
fbem-511	91	23	countries	country	NOUN
fbem-511	91	24	and	and	CCONJ
fbem-511	91	25	promote	promote	VERB
fbem-511	91	26	the	the	DET
fbem-511	91	27	rise	rise	NOUN
fbem-511	91	28	of	of	ADP
fbem-511	91	29	stock	stock	NOUN
fbem-511	91	30	prices	price	NOUN
fbem-511	91	31	in	in	ADP
fbem-511	91	32	other	other	ADJ
fbem-511	91	33	countries	country	NOUN
fbem-511	91	34	.	.	PUNCT
fbem-511	92	1	kim	kim	PROPN
fbem-511	92	2	and	and	CCONJ
fbem-511	92	3	nguyen	nguyen	PROPN
fbem-511	92	4	(	(	PUNCT
fbem-511	92	5	2009	2009	NUM
fbem-511	92	6	)	)	PUNCT
fbem-511	92	7	also	also	ADV
fbem-511	92	8	studied	study	VERB
fbem-511	92	9	the	the	DET
fbem-511	92	10	impact	impact	NOUN
fbem-511	92	11	of	of	ADP
fbem-511	92	12	the	the	DET
fbem-511	92	13	monetary	monetary	ADJ
fbem-511	92	14	target	target	NOUN
fbem-511	92	15	interest	interest	NOUN
fbem-511	92	16	rate	rate	NOUN
fbem-511	92	17	adjustment	adjustment	NOUN
fbem-511	92	18	information	information	NOUN
fbem-511	92	19	of	of	ADP
fbem-511	92	20	the	the	DET
fbem-511	92	21	federal	federal	PROPN
fbem-511	92	22	reserve	reserve	PROPN
fbem-511	92	23	and	and	CCONJ
fbem-511	92	24	the	the	DET
fbem-511	92	25	european	european	PROPN
fbem-511	92	26	central	central	PROPN
fbem-511	92	27	bank	bank	PROPN
fbem-511	92	28	on	on	ADP
fbem-511	92	29	the	the	DET
fbem-511	92	30	stock	stock	NOUN
fbem-511	92	31	markets	market	NOUN
fbem-511	92	32	of	of	ADP
fbem-511	92	33	asian	asian	ADJ
fbem-511	92	34	countries	country	NOUN
fbem-511	92	35	.	.	PUNCT
fbem-511	93	1	the	the	DET
fbem-511	93	2	results	result	NOUN
fbem-511	93	3	show	show	VERB
fbem-511	93	4	that	that	SCONJ
fbem-511	93	5	the	the	DET
fbem-511	93	6	unexpected	unexpected	ADJ
fbem-511	93	7	increase	increase	NOUN
fbem-511	93	8	of	of	ADP
fbem-511	93	9	the	the	DET
fbem-511	93	10	target	target	NOUN
fbem-511	93	11	interest	interest	NOUN
fbem-511	93	12	rate	rate	NOUN
fbem-511	93	13	has	have	VERB
fbem-511	93	14	a	a	DET
fbem-511	93	15	significant	significant	ADJ
fbem-511	93	16	negative	negative	ADJ
fbem-511	93	17	effect	effect	NOUN
fbem-511	93	18	on	on	ADP
fbem-511	93	19	the	the	DET
fbem-511	93	20	stock	stock	NOUN
fbem-511	93	21	markets	market	NOUN
fbem-511	93	22	of	of	ADP
fbem-511	93	23	asia	asia	PROPN
fbem-511	93	24	pacific	pacific	PROPN
fbem-511	93	25	countries	country	NOUN
fbem-511	93	26	,	,	PUNCT
fbem-511	93	27	and	and	CCONJ
fbem-511	93	28	the	the	DET
fbem-511	93	29	adjustment	adjustment	NOUN
fbem-511	93	30	of	of	ADP
fbem-511	93	31	the	the	DET
fbem-511	93	32	target	target	NOUN
fbem-511	93	33	interest	interest	NOUN
fbem-511	93	34	rate	rate	NOUN
fbem-511	93	35	will	will	AUX
fbem-511	93	36	increase	increase	VERB
fbem-511	93	37	the	the	DET
fbem-511	93	38	volatility	volatility	NOUN
fbem-511	93	39	of	of	ADP
fbem-511	93	40	the	the	DET
fbem-511	93	41	stock	stock	NOUN
fbem-511	93	42	markets	market	NOUN
fbem-511	93	43	of	of	ADP
fbem-511	93	44	asian	asian	ADJ
fbem-511	93	45	countries	country	NOUN
fbem-511	93	46	.	.	PUNCT
fbem-511	94	1	in	in	ADP
fbem-511	94	2	the	the	DET
fbem-511	94	3	research	research	NOUN
fbem-511	94	4	conclusions	conclusion	NOUN
fbem-511	94	5	of	of	ADP
fbem-511	94	6	bhattarai	bhattarai	NOUN
fbem-511	94	7	et	et	PROPN
fbem-511	94	8	al	al	PROPN
fbem-511	94	9	.	.	PROPN
fbem-511	94	10	(	(	PUNCT
fbem-511	94	11	2020	2020	NUM
fbem-511	94	12	)	)	PUNCT
fbem-511	94	13	,	,	PUNCT
fbem-511	94	14	on	on	ADP
fbem-511	94	15	average	average	ADJ
fbem-511	94	16	,	,	PUNCT
fbem-511	94	17	a	a	DET
fbem-511	94	18	standard	standard	ADJ
fbem-511	94	19	deviation	deviation	NOUN
fbem-511	94	20	impact	impact	NOUN
fbem-511	94	21	on	on	ADP
fbem-511	94	22	the	the	DET
fbem-511	94	23	u.s	u.s	PROPN
fbem-511	94	24	.	.	PROPN
fbem-511	94	25	volatility	volatility	NOUN
fbem-511	94	26	index	index	NOUN
fbem-511	94	27	caused	cause	VERB
fbem-511	94	28	the	the	DET
fbem-511	94	29	short	short	ADJ
fbem-511	94	30	-	-	PUNCT
fbem-511	94	31	term	term	NOUN
fbem-511	94	32	interest	interest	NOUN
fbem-511	94	33	rate	rate	NOUN
fbem-511	94	34	to	to	PART
fbem-511	94	35	rise	rise	VERB
fbem-511	94	36	by	by	ADP
fbem-511	94	37	0.017	0.017	NUM
fbem-511	94	38	percentage	percentage	NOUN
fbem-511	94	39	points	point	NOUN
fbem-511	94	40	.	.	PUNCT
fbem-511	95	1	compared	compare	VERB
fbem-511	95	2	with	with	ADP
fbem-511	95	3	the	the	DET
fbem-511	95	4	united	united	PROPN
fbem-511	95	5	states	states	PROPN
fbem-511	95	6	,	,	PUNCT
fbem-511	95	7	the	the	DET
fbem-511	95	8	long	long	ADJ
fbem-511	95	9	-	-	PUNCT
fbem-511	95	10	term	term	NOUN
fbem-511	95	11	interest	interest	NOUN
fbem-511	95	12	rate	rate	NOUN
fbem-511	95	13	increased	increase	VERB
fbem-511	95	14	by	by	ADP
fbem-511	95	15	0.065	0.065	NUM
fbem-511	95	16	percentage	percentage	NOUN
fbem-511	95	17	points	point	NOUN
fbem-511	95	18	,	,	PUNCT
fbem-511	95	19	the	the	DET
fbem-511	95	20	stock	stock	NOUN
fbem-511	95	21	price	price	NOUN
fbem-511	95	22	fell	fall	VERB
fbem-511	95	23	by	by	ADP
fbem-511	95	24	2.372	2.372	NUM
fbem-511	95	25	%	%	NOUN
fbem-511	95	26	,	,	PUNCT
fbem-511	95	27	the	the	DET
fbem-511	95	28	local	local	ADJ
fbem-511	95	29	currency	currency	NOUN
fbem-511	95	30	depreciated	depreciate	VERB
fbem-511	95	31	by	by	ADP
fbem-511	95	32	0.487	0.487	NUM
fbem-511	95	33	%	%	NOUN
fbem-511	95	34	,	,	PUNCT
fbem-511	95	35	and	and	CCONJ
fbem-511	95	36	the	the	DET
fbem-511	95	37	capital	capital	NOUN
fbem-511	95	38	inflow	inflow	NOUN
fbem-511	95	39	decreased	decrease	VERB
fbem-511	95	40	by	by	ADP
fbem-511	95	41	0.053	0.053	NUM
fbem-511	95	42	percentage	percentage	NOUN
fbem-511	95	43	points	point	NOUN
fbem-511	95	44	relative	relative	ADJ
fbem-511	95	45	to	to	ADP
fbem-511	95	46	gdp	gdp	NOUN
fbem-511	95	47	.	.	PUNCT
fbem-511	96	1	the	the	DET
fbem-511	96	2	increase	increase	NOUN
fbem-511	96	3	of	of	ADP
fbem-511	96	4	uncertainty	uncertainty	NOUN
fbem-511	96	5	in	in	ADP
fbem-511	96	6	the	the	DET
fbem-511	96	7	united	united	PROPN
fbem-511	96	8	states	states	PROPN
fbem-511	96	9	will	will	AUX
fbem-511	96	10	also	also	ADV
fbem-511	96	11	have	have	VERB
fbem-511	96	12	an	an	DET
fbem-511	96	13	impact	impact	NOUN
fbem-511	96	14	on	on	ADP
fbem-511	96	15	the	the	DET
fbem-511	96	16	macro	macro	NOUN
fbem-511	96	17	-	-	NOUN
fbem-511	96	18	economy	economy	NOUN
fbem-511	96	19	of	of	ADP
fbem-511	96	20	emerging	emerge	VERB
fbem-511	96	21	market	market	NOUN
fbem-511	96	22	economies	economy	NOUN
fbem-511	96	23	.	.	PUNCT
fbem-511	97	1	the	the	DET
fbem-511	97	2	output	output	NOUN
fbem-511	97	3	of	of	ADP
fbem-511	97	4	these	these	DET
fbem-511	97	5	countries	country	NOUN
fbem-511	97	6	decreased	decrease	VERB
fbem-511	97	7	while	while	SCONJ
fbem-511	97	8	net	net	ADJ
fbem-511	97	9	exports	export	NOUN
fbem-511	97	10	increased	increase	VERB
fbem-511	97	11	.	.	PUNCT
fbem-511	98	1	in	in	ADP
fbem-511	98	2	addition	addition	NOUN
fbem-511	98	3	,	,	PUNCT
fbem-511	98	4	consumer	consumer	NOUN
fbem-511	98	5	prices	price	NOUN
fbem-511	98	6	in	in	ADP
fbem-511	98	7	emerging	emerge	VERB
fbem-511	98	8	market	market	NOUN
fbem-511	98	9	economies	economy	NOUN
fbem-511	98	10	fell	fall	VERB
fbem-511	98	11	.	.	PUNCT
fbem-511	99	1	specifically	specifically	ADV
fbem-511	99	2	,	,	PUNCT
fbem-511	99	3	in	in	ADP
fbem-511	99	4	order	order	NOUN
fbem-511	99	5	to	to	PART
fbem-511	99	6	cope	cope	VERB
fbem-511	99	7	with	with	ADP
fbem-511	99	8	the	the	DET
fbem-511	99	9	impact	impact	NOUN
fbem-511	99	10	of	of	ADP
fbem-511	99	11	a	a	DET
fbem-511	99	12	standard	standard	ADJ
fbem-511	99	13	deviation	deviation	NOUN
fbem-511	99	14	of	of	ADP
fbem-511	99	15	the	the	DET
fbem-511	99	16	u.s	u.s	PROPN
fbem-511	99	17	.	.	PROPN
fbem-511	99	18	volatility	volatility	PROPN
fbem-511	99	19	index	index	NOUN
fbem-511	99	20	,	,	PUNCT
fbem-511	99	21	on	on	ADP
fbem-511	99	22	average	average	ADJ
fbem-511	99	23	,	,	PUNCT
fbem-511	99	24	output	output	NOUN
fbem-511	99	25	decreased	decrease	VERB
fbem-511	99	26	by	by	ADP
fbem-511	99	27	0.248	0.248	NUM
fbem-511	99	28	%	%	NOUN
fbem-511	99	29	,	,	PUNCT
fbem-511	99	30	and	and	CCONJ
fbem-511	99	31	the	the	DET
fbem-511	99	32	net	net	ADJ
fbem-511	99	33	exports	export	NOUN
fbem-511	99	34	of	of	ADP
fbem-511	99	35	these	these	DET
fbem-511	99	36	countries	country	NOUN
fbem-511	99	37	to	to	ADP
fbem-511	99	38	the	the	DET
fbem-511	99	39	united	united	PROPN
fbem-511	99	40	states	states	PROPN
fbem-511	99	41	increased	increase	VERB
fbem-511	99	42	by	by	ADP
fbem-511	99	43	about	about	ADV
fbem-511	99	44	0.033	0.033	NUM
fbem-511	99	45	percentage	percentage	NOUN
fbem-511	99	46	points	point	NOUN
fbem-511	99	47	relative	relative	ADJ
fbem-511	99	48	to	to	ADP
fbem-511	99	49	gdp	gdp	NOUN
fbem-511	99	50	.	.	PUNCT
fbem-511	100	1	these	these	PRON
fbem-511	100	2	are	be	AUX
fbem-511	100	3	peak	peak	ADJ
fbem-511	100	4	effects	effect	NOUN
fbem-511	100	5	that	that	PRON
fbem-511	100	6	appear	appear	VERB
fbem-511	100	7	after	after	ADP
fbem-511	100	8	a	a	DET
fbem-511	100	9	delay	delay	NOUN
fbem-511	100	10	of	of	ADP
fbem-511	100	11	2	2	NUM
fbem-511	100	12	-	-	SYM
fbem-511	100	13	4	4	NUM
fbem-511	100	14	months	month	NOUN
fbem-511	100	15	.	.	PUNCT
fbem-511	101	1	consumer	consumer	NOUN
fbem-511	101	2	prices	price	NOUN
fbem-511	101	3	continued	continue	VERB
fbem-511	101	4	to	to	PART
fbem-511	101	5	decline	decline	VERB
fbem-511	101	6	,	,	PUNCT
fbem-511	101	7	reaching	reach	VERB
fbem-511	101	8	about	about	ADP
fbem-511	101	9	0.079	0.079	NUM
fbem-511	101	10	per	per	ADP
fbem-511	101	11	cent	cent	NOUN
fbem-511	101	12	at	at	ADP
fbem-511	101	13	the	the	DET
fbem-511	101	14	end	end	NOUN
fbem-511	101	15	of	of	ADP
fbem-511	101	16	the	the	DET
fbem-511	101	17	biennium	biennium	NOUN
fbem-511	101	18	.	.	PUNCT
fbem-511	102	1	with	with	ADP
fbem-511	102	2	the	the	DET
fbem-511	102	3	sudden	sudden	ADJ
fbem-511	102	4	increase	increase	NOUN
fbem-511	102	5	of	of	ADP
fbem-511	102	6	uncertainty	uncertainty	NOUN
fbem-511	102	7	in	in	ADP
fbem-511	102	8	the	the	DET
fbem-511	102	9	united	united	PROPN
fbem-511	102	10	states	states	PROPN
fbem-511	102	11	,	,	PUNCT
fbem-511	102	12	these	these	DET
fbem-511	102	13	spillover	spillover	NOUN
fbem-511	102	14	effects	effect	NOUN
fbem-511	102	15	may	may	AUX
fbem-511	102	16	be	be	AUX
fbem-511	102	17	huge	huge	ADJ
fbem-511	102	18	and	and	CCONJ
fbem-511	102	19	economically	economically	ADV
fbem-511	102	20	significant	significant	ADJ
fbem-511	102	21	.	.	PUNCT
fbem-511	103	1	the	the	DET
fbem-511	103	2	fed	fed	PROPN
fbem-511	103	3	's	's	PART
fbem-511	103	4	interest	interest	NOUN
fbem-511	103	5	rate	rate	NOUN
fbem-511	103	6	decision	decision	NOUN
fbem-511	103	7	has	have	VERB
fbem-511	103	8	an	an	DET
fbem-511	103	9	impact	impact	NOUN
fbem-511	103	10	on	on	ADP
fbem-511	103	11	the	the	DET
fbem-511	103	12	level	level	NOUN
fbem-511	103	13	of	of	ADP
fbem-511	103	14	investment	investment	NOUN
fbem-511	103	15	and	and	CCONJ
fbem-511	103	16	productivity	productivity	NOUN
fbem-511	103	17	in	in	ADP
fbem-511	103	18	china	china	PROPN
fbem-511	103	19	through	through	ADP
fbem-511	103	20	monetary	monetary	ADJ
fbem-511	103	21	transmission	transmission	NOUN
fbem-511	103	22	and	and	CCONJ
fbem-511	103	23	credit	credit	NOUN
fbem-511	103	24	channels	channel	NOUN
fbem-511	103	25	.	.	PUNCT
fbem-511	104	1	according	accord	VERB
fbem-511	104	2	to	to	ADP
fbem-511	104	3	the	the	DET
fbem-511	104	4	calculation	calculation	NOUN
fbem-511	104	5	results	result	NOUN
fbem-511	104	6	of	of	ADP
fbem-511	104	7	sur	sur	PROPN
fbem-511	104	8	model	model	NOUN
fbem-511	104	9	,	,	PUNCT
fbem-511	104	10	öner	öner	NOUN
fbem-511	104	11	and	and	CCONJ
fbem-511	104	12	oglu	oglu	NOUN
fbem-511	104	13	(	(	PUNCT
fbem-511	104	14	2020	2020	NUM
fbem-511	104	15	)	)	PUNCT
fbem-511	104	16	concluded	conclude	VERB
fbem-511	104	17	that	that	SCONJ
fbem-511	104	18	at	at	ADV
fbem-511	104	19	least	least	ADV
fbem-511	104	20	50	50	NUM
fbem-511	104	21	%	%	NOUN
fbem-511	104	22	of	of	ADP
fbem-511	104	23	the	the	DET
fbem-511	104	24	changes	change	NOUN
fbem-511	104	25	in	in	ADP
fbem-511	104	26	the	the	DET
fbem-511	104	27	ratio	ratio	NOUN
fbem-511	104	28	of	of	ADP
fbem-511	104	29	private	private	ADJ
fbem-511	104	30	nonfinancial	nonfinancial	ADJ
fbem-511	104	31	credit	credit	NOUN
fbem-511	104	32	to	to	ADP
fbem-511	104	33	gdp	gdp	NOUN
fbem-511	104	34	in	in	ADP
fbem-511	104	35	china	china	PROPN
fbem-511	104	36	can	can	AUX
fbem-511	104	37	predict	predict	VERB
fbem-511	104	38	the	the	DET
fbem-511	104	39	interpretation	interpretation	NOUN
fbem-511	104	40	of	of	ADP
fbem-511	104	41	the	the	DET
fbem-511	104	42	fed	fed	PROPN
fbem-511	104	43	's	's	PART
fbem-511	104	44	policy	policy	NOUN
fbem-511	104	45	interest	interest	NOUN
fbem-511	104	46	rate	rate	NOUN
fbem-511	104	47	,	,	PUNCT
fbem-511	104	48	because	because	SCONJ
fbem-511	104	49	the	the	DET
fbem-511	104	50	square	square	ADJ
fbem-511	104	51	value	value	NOUN
fbem-511	104	52	of	of	ADP
fbem-511	104	53	r	r	NOUN
fbem-511	104	54	is	be	AUX
fbem-511	104	55	0.5000	0.5000	NUM
fbem-511	104	56	,	,	PUNCT
fbem-511	104	57	and	and	CCONJ
fbem-511	104	58	there	there	PRON
fbem-511	104	59	is	be	VERB
fbem-511	104	60	an	an	DET
fbem-511	104	61	inverse	inverse	NOUN
fbem-511	104	62	relationship	relationship	NOUN
fbem-511	104	63	between	between	ADP
fbem-511	104	64	the	the	DET
fbem-511	104	65	fed	fed	PROPN
fbem-511	104	66	's	's	PART
fbem-511	104	67	interest	interest	NOUN
fbem-511	104	68	rate	rate	NOUN
fbem-511	104	69	and	and	CCONJ
fbem-511	104	70	credit	credit	NOUN
fbem-511	104	71	growth.yang	growth.yang	NOUN
fbem-511	104	72	and	and	CCONJ
fbem-511	104	73	teng	teng	PROPN
fbem-511	104	74	(	(	PUNCT
fbem-511	104	75	2011	2011	NUM
fbem-511	104	76	)	)	PUNCT
fbem-511	104	77	found	find	VERB
fbem-511	104	78	that	that	SCONJ
fbem-511	104	79	in	in	ADP
fbem-511	104	80	china	china	PROPN
fbem-511	104	81	's	's	PART
fbem-511	104	82	monetary	monetary	ADJ
fbem-511	104	83	transmission	transmission	NOUN
fbem-511	104	84	mechanism	mechanism	NOUN
fbem-511	104	85	,	,	PUNCT
fbem-511	104	86	credit	credit	NOUN
fbem-511	104	87	channel	channel	NOUN
fbem-511	104	88	is	be	AUX
fbem-511	104	89	the	the	DET
fbem-511	104	90	most	most	ADV
fbem-511	104	91	effective	effective	ADJ
fbem-511	104	92	and	and	CCONJ
fbem-511	104	93	dominant	dominant	ADJ
fbem-511	104	94	,	,	PUNCT
fbem-511	104	95	while	while	SCONJ
fbem-511	104	96	the	the	DET
fbem-511	104	97	role	role	NOUN
fbem-511	104	98	of	of	ADP
fbem-511	104	99	interest	interest	NOUN
fbem-511	104	100	rate	rate	NOUN
fbem-511	104	101	and	and	CCONJ
fbem-511	104	102	exchange	exchange	NOUN
fbem-511	104	103	rate	rate	NOUN
fbem-511	104	104	channel	channel	NOUN
fbem-511	104	105	is	be	AUX
fbem-511	104	106	not	not	PART
fbem-511	104	107	obvious	obvious	ADJ
fbem-511	104	108	.	.	PUNCT
fbem-511	105	1	as	as	ADP
fbem-511	105	2	an	an	DET
fbem-511	105	3	asset	asset	NOUN
fbem-511	105	4	price	price	NOUN
fbem-511	105	5	channel	channel	NOUN
fbem-511	105	6	,	,	PUNCT
fbem-511	105	7	the	the	DET
fbem-511	105	8	stock	stock	NOUN
fbem-511	105	9	market	market	NOUN
fbem-511	105	10	did	do	AUX
fbem-511	105	11	not	not	PART
fbem-511	105	12	play	play	VERB
fbem-511	105	13	its	its	PRON
fbem-511	105	14	due	due	ADJ
fbem-511	105	15	role	role	NOUN
fbem-511	105	16	until	until	ADP
fbem-511	105	17	after	after	ADP
fbem-511	105	18	2009	2009	NUM
fbem-511	105	19	due	due	ADP
fbem-511	105	20	to	to	ADP
fbem-511	105	21	its	its	PRON
fbem-511	105	22	own	own	ADJ
fbem-511	105	23	development	development	NOUN
fbem-511	105	24	.	.	PUNCT
fbem-511	106	1	however	however	ADV
fbem-511	106	2	,	,	PUNCT
fbem-511	106	3	according	accord	VERB
fbem-511	106	4	to	to	ADP
fbem-511	106	5	the	the	DET
fbem-511	106	6	analysis	analysis	NOUN
fbem-511	106	7	results	result	NOUN
fbem-511	106	8	of	of	ADP
fbem-511	106	9	lin	lin	PROPN
fbem-511	106	10	and	and	CCONJ
fbem-511	106	11	lei	lei	PROPN
fbem-511	106	12	(	(	PUNCT
fbem-511	106	13	2018	2018	NUM
fbem-511	106	14	)	)	PUNCT
fbem-511	106	15	,	,	PUNCT
fbem-511	106	16	the	the	DET
fbem-511	106	17	fed	fed	PROPN
fbem-511	106	18	's	's	PART
fbem-511	106	19	quantitative	quantitative	ADJ
fbem-511	106	20	easing	ease	VERB
fbem-511	106	21	policy	policy	NOUN
fbem-511	106	22	has	have	VERB
fbem-511	106	23	the	the	DET
fbem-511	106	24	greatest	great	ADJ
fbem-511	106	25	impact	impact	NOUN
fbem-511	106	26	on	on	ADP
fbem-511	106	27	foreign	foreign	ADJ
fbem-511	106	28	exchange	exchange	NOUN
fbem-511	106	29	reserves	reserve	NOUN
fbem-511	106	30	,	,	PUNCT
fbem-511	106	31	followed	follow	VERB
fbem-511	106	32	by	by	ADP
fbem-511	106	33	the	the	DET
fbem-511	106	34	foreign	foreign	ADJ
fbem-511	106	35	exchange	exchange	NOUN
fbem-511	106	36	and	and	CCONJ
fbem-511	106	37	stock	stock	NOUN
fbem-511	106	38	market	market	NOUN
fbem-511	106	39	,	,	PUNCT
fbem-511	106	40	but	but	CCONJ
fbem-511	106	41	the	the	DET
fbem-511	106	42	credit	credit	NOUN
fbem-511	106	43	market	market	NOUN
fbem-511	106	44	has	have	VERB
fbem-511	106	45	the	the	DET
fbem-511	106	46	least	least	ADJ
fbem-511	106	47	impact	impact	NOUN
fbem-511	106	48	.	.	PUNCT
fbem-511	107	1	when	when	SCONJ
fbem-511	107	2	the	the	DET
fbem-511	107	3	fed	fed	PROPN
fbem-511	107	4	implemented	implement	VERB
fbem-511	107	5	quantitative	quantitative	ADJ
fbem-511	107	6	easing	ease	VERB
fbem-511	107	7	policy	policy	NOUN
fbem-511	107	8	,	,	PUNCT
fbem-511	107	9	the	the	DET
fbem-511	107	10	depreciation	depreciation	NOUN
fbem-511	107	11	of	of	ADP
fbem-511	107	12	the	the	DET
fbem-511	107	13	us	us	PROPN
fbem-511	107	14	dollar	dollar	NOUN
fbem-511	107	15	and	and	CCONJ
fbem-511	107	16	the	the	DET
fbem-511	107	17	export	export	NOUN
fbem-511	107	18	difficulties	difficulty	NOUN
fbem-511	107	19	of	of	ADP
fbem-511	107	20	emerging	emerge	VERB
fbem-511	107	21	countries	country	NOUN
fbem-511	107	22	eventually	eventually	ADV
fbem-511	107	23	led	lead	VERB
fbem-511	107	24	to	to	ADP
fbem-511	107	25	the	the	DET
fbem-511	107	26	decline	decline	NOUN
fbem-511	107	27	of	of	ADP
fbem-511	107	28	gdp	gdp	NOUN
fbem-511	107	29	and	and	CCONJ
fbem-511	107	30	negative	negative	ADJ
fbem-511	107	31	spillover	spillover	NOUN
fbem-511	107	32	effect	effect	NOUN
fbem-511	107	33	.	.	PUNCT
fbem-511	108	1	2.4	2.4	NUM
fbem-511	108	2	.	.	PUNCT
fbem-511	108	3	spillover	spillover	VERB
fbem-511	108	4	effect	effect	NOUN
fbem-511	108	5	of	of	ADP
fbem-511	108	6	monetary	monetary	ADJ
fbem-511	108	7	policy	policy	NOUN
fbem-511	108	8	on	on	ADP
fbem-511	108	9	inflation	inflation	NOUN
fbem-511	108	10	in	in	ADP
fbem-511	108	11	other	other	ADJ
fbem-511	108	12	countries	country	NOUN
fbem-511	108	13	(	(	PUNCT
fbem-511	108	14	regions	region	NOUN
fbem-511	108	15	)	)	PUNCT
fbem-511	108	16	although	although	SCONJ
fbem-511	108	17	quantitative	quantitative	ADJ
fbem-511	108	18	easing	easing	NOUN
fbem-511	108	19	does	do	AUX
fbem-511	108	20	not	not	PART
fbem-511	108	21	have	have	VERB
fbem-511	108	22	legitimacy	legitimacy	NOUN
fbem-511	108	23	in	in	ADP
fbem-511	108	24	the	the	DET
fbem-511	108	25	formal	formal	ADJ
fbem-511	108	26	system	system	NOUN
fbem-511	108	27	,	,	PUNCT
fbem-511	108	28	the	the	DET
fbem-511	108	29	fed	fed	PROPN
fbem-511	108	30	has	have	VERB
fbem-511	108	31	its	its	PRON
fbem-511	108	32	own	own	ADJ
fbem-511	108	33	policy	policy	NOUN
fbem-511	108	34	implementation	implementation	NOUN
fbem-511	108	35	standard	standard	NOUN
fbem-511	108	36	combined	combine	VERB
fbem-511	108	37	with	with	ADP
fbem-511	108	38	the	the	DET
fbem-511	108	39	maximum	maximum	ADJ
fbem-511	108	40	employment	employment	NOUN
fbem-511	108	41	goal	goal	NOUN
fbem-511	108	42	.	.	PUNCT
fbem-511	109	1	however	however	ADV
fbem-511	109	2	,	,	PUNCT
fbem-511	109	3	when	when	SCONJ
fbem-511	109	4	the	the	DET
fbem-511	109	5	fed	fed	PROPN
fbem-511	109	6	implements	implement	VERB
fbem-511	109	7	quantitative	quantitative	ADJ
fbem-511	109	8	easing	ease	VERB
fbem-511	109	9	policy	policy	NOUN
fbem-511	109	10	,	,	PUNCT
fbem-511	109	11	it	it	PRON
fbem-511	109	12	will	will	AUX
fbem-511	109	13	deliberately	deliberately	ADV
fbem-511	109	14	ignore	ignore	VERB
fbem-511	109	15	the	the	DET
fbem-511	109	16	impact	impact	NOUN
fbem-511	109	17	of	of	ADP
fbem-511	109	18	exchange	exchange	NOUN
fbem-511	109	19	rate	rate	NOUN
fbem-511	109	20	,	,	PUNCT
fbem-511	109	21	and	and	CCONJ
fbem-511	109	22	make	make	VERB
fbem-511	109	23	other	other	ADJ
fbem-511	109	24	central	central	ADJ
fbem-511	109	25	banks	bank	NOUN
fbem-511	109	26	around	around	ADP
fbem-511	109	27	the	the	DET
fbem-511	109	28	world	world	NOUN
fbem-511	109	29	have	have	VERB
fbem-511	109	30	to	to	PART
fbem-511	109	31	follow	follow	VERB
fbem-511	109	32	the	the	DET
fbem-511	109	33	fed	fed	PROPN
fbem-511	109	34	's	's	PART
fbem-511	109	35	policy	policy	NOUN
fbem-511	109	36	,	,	PUNCT
fbem-511	109	37	which	which	PRON
fbem-511	109	38	will	will	AUX
fbem-511	109	39	bring	bring	VERB
fbem-511	109	40	spillover	spillover	ADJ
fbem-511	109	41	effects	effect	NOUN
fbem-511	109	42	to	to	ADP
fbem-511	109	43	the	the	DET
fbem-511	109	44	world	world	NOUN
fbem-511	109	45	and	and	CCONJ
fbem-511	109	46	trigger	trigger	VERB
fbem-511	109	47	inflation	inflation	NOUN
fbem-511	109	48	to	to	ADP
fbem-511	109	49	a	a	DET
fbem-511	109	50	certain	certain	ADJ
fbem-511	109	51	extent	extent	NOUN
fbem-511	109	52	.	.	PUNCT
fbem-511	110	1	(	(	PUNCT
fbem-511	110	2	ronkainen	ronkainen	PROPN
fbem-511	110	3	&	&	CCONJ
fbem-511	110	4	sorsa	sorsa	PROPN
fbem-511	110	5	,	,	PUNCT
fbem-511	110	6	2017	2017	NUM
fbem-511	110	7	)	)	PUNCT
fbem-511	110	8	joyce	joyce	PROPN
fbem-511	110	9	et	et	PROPN
fbem-511	110	10	al	al	PROPN
fbem-511	110	11	.	.	PROPN
fbem-511	111	1	(	(	PUNCT
fbem-511	111	2	2012	2012	NUM
fbem-511	111	3	)	)	PUNCT
fbem-511	111	4	conducted	conduct	VERB
fbem-511	111	5	an	an	DET
fbem-511	111	6	empirical	empirical	ADJ
fbem-511	111	7	study	study	NOUN
fbem-511	111	8	on	on	ADP
fbem-511	111	9	the	the	DET
fbem-511	111	10	spillover	spillover	ADJ
fbem-511	111	11	effect	effect	NOUN
fbem-511	111	12	of	of	ADP
fbem-511	111	13	the	the	DET
fbem-511	111	14	federal	federal	PROPN
fbem-511	111	15	reserve	reserve	PROPN
fbem-511	111	16	's	's	PART
fbem-511	111	17	quantitative	quantitative	ADJ
fbem-511	111	18	easing	ease	VERB
fbem-511	111	19	program	program	NOUN
fbem-511	111	20	after	after	ADP
fbem-511	111	21	the	the	DET
fbem-511	111	22	financial	financial	ADJ
fbem-511	111	23	crisis	crisis	NOUN
fbem-511	111	24	of	of	ADP
fbem-511	111	25	2008	2008	NUM
fbem-511	111	26	.	.	PUNCT
fbem-511	112	1	the	the	DET
fbem-511	112	2	analysis	analysis	NOUN
fbem-511	112	3	reveals	reveal	VERB
fbem-511	112	4	that	that	SCONJ
fbem-511	112	5	the	the	DET
fbem-511	112	6	federal	federal	PROPN
fbem-511	112	7	reserve	reserve	PROPN
fbem-511	112	8	's	's	PART
fbem-511	112	9	unconventional	unconventional	ADJ
fbem-511	112	10	monetary	monetary	ADJ
fbem-511	112	11	policy	policy	NOUN
fbem-511	112	12	has	have	VERB
fbem-511	112	13	a	a	DET
fbem-511	112	14	clear	clear	ADJ
fbem-511	112	15	impact	impact	NOUN
fbem-511	112	16	on	on	ADP
fbem-511	112	17	the	the	DET
fbem-511	112	18	global	global	ADJ
fbem-511	112	19	economy	economy	NOUN
fbem-511	112	20	.	.	PUNCT
fbem-511	113	1	under	under	ADP
fbem-511	113	2	the	the	DET
fbem-511	113	3	direction	direction	NOUN
fbem-511	113	4	of	of	ADP
fbem-511	113	5	the	the	DET
fbem-511	113	6	mundell	mundell	ADJ
fbem-511	113	7	-	-	PUNCT
fbem-511	113	8	fleming	fleming	ADJ
fbem-511	113	9	-	-	PUNCT
fbem-511	113	10	dornbush	dornbush	NOUN
fbem-511	113	11	model	model	NOUN
fbem-511	113	12	,	,	PUNCT
fbem-511	113	13	frankel	frankel	NOUN
fbem-511	113	14	(	(	PUNCT
fbem-511	113	15	1988	1988	NUM
fbem-511	113	16	)	)	PUNCT
fbem-511	113	17	built	build	VERB
fbem-511	113	18	a	a	DET
fbem-511	113	19	var	var	NOUN
fbem-511	113	20	model	model	NOUN
fbem-511	113	21	to	to	PART
fbem-511	113	22	analyze	analyze	VERB
fbem-511	113	23	the	the	DET
fbem-511	113	24	influence	influence	NOUN
fbem-511	113	25	of	of	ADP
fbem-511	113	26	us	us	PROPN
fbem-511	113	27	monetary	monetary	ADJ
fbem-511	113	28	103	103	NUM
fbem-511	113	29	policy	policy	NOUN
fbem-511	113	30	on	on	ADP
fbem-511	113	31	key	key	ADJ
fbem-511	113	32	european	european	ADJ
fbem-511	113	33	economies	economy	NOUN
fbem-511	113	34	.	.	PUNCT
fbem-511	114	1	the	the	DET
fbem-511	114	2	findings	finding	NOUN
fbem-511	114	3	suggest	suggest	VERB
fbem-511	114	4	that	that	SCONJ
fbem-511	114	5	the	the	DET
fbem-511	114	6	fed	fed	PROPN
fbem-511	114	7	's	's	PART
fbem-511	114	8	expansionary	expansionary	ADJ
fbem-511	114	9	monetary	monetary	ADJ
fbem-511	114	10	policy	policy	NOUN
fbem-511	114	11	will	will	AUX
fbem-511	114	12	boost	boost	VERB
fbem-511	114	13	output	output	NOUN
fbem-511	114	14	while	while	SCONJ
fbem-511	114	15	depreciating	depreciate	VERB
fbem-511	114	16	the	the	DET
fbem-511	114	17	dollar	dollar	NOUN
fbem-511	114	18	.	.	PUNCT
fbem-511	115	1	the	the	DET
fbem-511	115	2	influence	influence	NOUN
fbem-511	115	3	of	of	ADP
fbem-511	115	4	federal	federal	PROPN
fbem-511	115	5	reserve	reserve	PROPN
fbem-511	115	6	expansionary	expansionary	ADJ
fbem-511	115	7	monetary	monetary	ADJ
fbem-511	115	8	policy	policy	NOUN
fbem-511	115	9	on	on	ADP
fbem-511	115	10	other	other	ADJ
fbem-511	115	11	nations	nation	NOUN
fbem-511	115	12	'	'	PART
fbem-511	115	13	trade	trade	NOUN
fbem-511	115	14	balances	balance	NOUN
fbem-511	115	15	is	be	AUX
fbem-511	115	16	unknown	unknown	ADJ
fbem-511	115	17	,	,	PUNCT
fbem-511	115	18	making	make	VERB
fbem-511	115	19	it	it	PRON
fbem-511	115	20	difficult	difficult	ADJ
fbem-511	115	21	to	to	PART
fbem-511	115	22	predict	predict	VERB
fbem-511	115	23	the	the	DET
fbem-511	115	24	direction	direction	NOUN
fbem-511	115	25	of	of	ADP
fbem-511	115	26	expansionary	expansionary	ADJ
fbem-511	115	27	monetary	monetary	ADJ
fbem-511	115	28	policy	policy	NOUN
fbem-511	115	29	's	's	PART
fbem-511	115	30	spillover	spillover	ADJ
fbem-511	115	31	effect	effect	NOUN
fbem-511	115	32	.	.	PUNCT
fbem-511	116	1	wright	wright	PROPN
fbem-511	116	2	(	(	PUNCT
fbem-511	116	3	2012	2012	NUM
fbem-511	116	4	)	)	PUNCT
fbem-511	116	5	used	use	VERB
fbem-511	116	6	a	a	DET
fbem-511	116	7	structural	structural	ADJ
fbem-511	116	8	var	var	NOUN
fbem-511	116	9	model	model	NOUN
fbem-511	116	10	to	to	PART
fbem-511	116	11	investigate	investigate	VERB
fbem-511	116	12	the	the	DET
fbem-511	116	13	impact	impact	NOUN
fbem-511	116	14	of	of	ADP
fbem-511	116	15	monetary	monetary	ADJ
fbem-511	116	16	policy	policy	NOUN
fbem-511	116	17	on	on	ADP
fbem-511	116	18	various	various	ADJ
fbem-511	116	19	long	long	ADJ
fbem-511	116	20	-	-	PUNCT
fbem-511	116	21	term	term	NOUN
fbem-511	116	22	interest	interest	NOUN
fbem-511	116	23	rates	rate	NOUN
fbem-511	116	24	.	.	PUNCT
fbem-511	117	1	the	the	DET
fbem-511	117	2	impact	impact	NOUN
fbem-511	117	3	of	of	ADP
fbem-511	117	4	monetary	monetary	ADJ
fbem-511	117	5	policy	policy	NOUN
fbem-511	117	6	on	on	ADP
fbem-511	117	7	the	the	DET
fbem-511	117	8	macroeconomy	macroeconomy	NOUN
fbem-511	117	9	was	be	AUX
fbem-511	117	10	shown	show	VERB
fbem-511	117	11	to	to	PART
fbem-511	117	12	differ	differ	VERB
fbem-511	117	13	significantly	significantly	ADV
fbem-511	117	14	on	on	ADP
fbem-511	117	15	days	day	NOUN
fbem-511	117	16	of	of	ADP
fbem-511	117	17	fomc	fomc	NOUN
fbem-511	117	18	meetings	meeting	NOUN
fbem-511	117	19	and	and	CCONJ
fbem-511	117	20	some	some	DET
fbem-511	117	21	speeches	speech	NOUN
fbem-511	117	22	when	when	SCONJ
fbem-511	117	23	the	the	DET
fbem-511	117	24	federal	federal	ADJ
fbem-511	117	25	fund	fund	PROPN
fbem-511	117	26	interest	interest	NOUN
fbem-511	117	27	rate	rate	NOUN
fbem-511	117	28	was	be	AUX
fbem-511	117	29	inside	inside	ADP
fbem-511	117	30	the	the	DET
fbem-511	117	31	zero	zero	NUM
fbem-511	117	32	lower	low	ADJ
fbem-511	117	33	limit	limit	NOUN
fbem-511	117	34	band	band	NOUN
fbem-511	117	35	,	,	PUNCT
fbem-511	117	36	according	accord	VERB
fbem-511	117	37	to	to	ADP
fbem-511	117	38	the	the	DET
fbem-511	117	39	study	study	NOUN
fbem-511	117	40	.	.	PUNCT
fbem-511	118	1	gambacorta	gambacorta	PROPN
fbem-511	118	2	et	et	PROPN
fbem-511	118	3	al	al	PROPN
fbem-511	118	4	.	.	PROPN
fbem-511	119	1	(	(	PUNCT
fbem-511	119	2	2014	2014	NUM
fbem-511	119	3	)	)	PUNCT
fbem-511	119	4	also	also	ADV
fbem-511	119	5	estimated	estimate	VERB
fbem-511	119	6	a	a	DET
fbem-511	119	7	panel	panel	NOUN
fbem-511	119	8	var	var	NOUN
fbem-511	119	9	model	model	NOUN
fbem-511	119	10	to	to	PART
fbem-511	119	11	assess	assess	VERB
fbem-511	119	12	the	the	DET
fbem-511	119	13	macroeconomic	macroeconomic	ADJ
fbem-511	119	14	consequences	consequence	NOUN
fbem-511	119	15	of	of	ADP
fbem-511	119	16	unconventional	unconventional	ADJ
fbem-511	119	17	monetary	monetary	ADJ
fbem-511	119	18	policy	policy	NOUN
fbem-511	119	19	.	.	PUNCT
fbem-511	120	1	exogenous	exogenous	ADJ
fbem-511	120	2	growth	growth	NOUN
fbem-511	120	3	of	of	ADP
fbem-511	120	4	the	the	DET
fbem-511	120	5	central	central	ADJ
fbem-511	120	6	bank	bank	NOUN
fbem-511	120	7	's	's	PART
fbem-511	120	8	balance	balance	NOUN
fbem-511	120	9	sheet	sheet	NOUN
fbem-511	120	10	with	with	ADP
fbem-511	120	11	a	a	DET
fbem-511	120	12	zero	zero	NUM
fbem-511	120	13	lower	low	ADJ
fbem-511	120	14	limit	limit	NOUN
fbem-511	120	15	leads	lead	VERB
fbem-511	120	16	to	to	ADP
fbem-511	120	17	a	a	DET
fbem-511	120	18	temporary	temporary	ADJ
fbem-511	120	19	increase	increase	NOUN
fbem-511	120	20	in	in	ADP
fbem-511	120	21	economic	economic	ADJ
fbem-511	120	22	activity	activity	NOUN
fbem-511	120	23	and	and	CCONJ
fbem-511	120	24	consumer	consumer	NOUN
fbem-511	120	25	prices	price	NOUN
fbem-511	120	26	,	,	PUNCT
fbem-511	120	27	according	accord	VERB
fbem-511	120	28	to	to	ADP
fbem-511	120	29	the	the	DET
fbem-511	120	30	findings	finding	NOUN
fbem-511	120	31	.	.	PUNCT
fbem-511	121	1	although	although	SCONJ
fbem-511	121	2	the	the	DET
fbem-511	121	3	measures	measure	NOUN
fbem-511	121	4	employed	employ	VERB
fbem-511	121	5	by	by	ADP
fbem-511	121	6	the	the	DET
fbem-511	121	7	monetary	monetary	ADJ
fbem-511	121	8	authorities	authority	NOUN
fbem-511	121	9	of	of	ADP
fbem-511	121	10	each	each	DET
fbem-511	121	11	country	country	NOUN
fbem-511	121	12	are	be	AUX
fbem-511	121	13	different	different	ADJ
fbem-511	121	14	,	,	PUNCT
fbem-511	121	15	there	there	PRON
fbem-511	121	16	is	be	VERB
fbem-511	121	17	no	no	DET
fbem-511	121	18	substantial	substantial	ADJ
fbem-511	121	19	variation	variation	NOUN
fbem-511	121	20	in	in	ADP
fbem-511	121	21	the	the	DET
fbem-511	121	22	impact	impact	NOUN
fbem-511	121	23	of	of	ADP
fbem-511	121	24	unconventional	unconventional	ADJ
fbem-511	121	25	monetary	monetary	ADJ
fbem-511	121	26	policies	policy	NOUN
fbem-511	121	27	on	on	ADP
fbem-511	121	28	the	the	DET
fbem-511	121	29	macro	macro	NOUN
fbem-511	121	30	-	-	NOUN
fbem-511	121	31	economy	economy	NOUN
fbem-511	121	32	,	,	PUNCT
fbem-511	121	33	according	accord	VERB
fbem-511	121	34	to	to	ADP
fbem-511	121	35	a	a	DET
fbem-511	121	36	comparative	comparative	ADJ
fbem-511	121	37	examination	examination	NOUN
fbem-511	121	38	of	of	ADP
fbem-511	121	39	the	the	DET
fbem-511	121	40	spillover	spillover	NOUN
fbem-511	121	41	effects	effect	NOUN
fbem-511	121	42	of	of	ADP
fbem-511	121	43	the	the	DET
fbem-511	121	44	target	target	NOUN
fbem-511	121	45	nations	nation	NOUN
fbem-511	121	46	.	.	PUNCT
fbem-511	122	1	haroon	haroon	PROPN
fbem-511	122	2	(	(	PUNCT
fbem-511	122	3	2012	2012	NUM
fbem-511	122	4	)	)	PUNCT
fbem-511	122	5	studied	study	VERB
fbem-511	122	6	the	the	DET
fbem-511	122	7	impact	impact	NOUN
fbem-511	122	8	of	of	ADP
fbem-511	122	9	monetary	monetary	ADJ
fbem-511	122	10	policy	policy	NOUN
fbem-511	122	11	fluctuations	fluctuation	NOUN
fbem-511	122	12	.	.	PUNCT
fbem-511	123	1	he	he	PRON
fbem-511	123	2	found	find	VERB
fbem-511	123	3	that	that	SCONJ
fbem-511	123	4	firstly	firstly	ADV
fbem-511	123	5	,	,	PUNCT
fbem-511	123	6	the	the	DET
fbem-511	123	7	time	time	NOUN
fbem-511	123	8	-	-	PUNCT
fbem-511	123	9	varying	vary	VERB
fbem-511	123	10	variance	variance	NOUN
fbem-511	123	11	of	of	ADP
fbem-511	123	12	monetary	monetary	ADJ
fbem-511	123	13	policy	policy	NOUN
fbem-511	123	14	shocks	shock	NOUN
fbem-511	123	15	is	be	AUX
fbem-511	123	16	considered	consider	VERB
fbem-511	123	17	through	through	ADP
fbem-511	123	18	the	the	DET
fbem-511	123	19	random	random	ADJ
fbem-511	123	20	volatility	volatility	NOUN
fbem-511	123	21	norm	norm	NOUN
fbem-511	123	22	.	.	PUNCT
fbem-511	124	1	second	second	ADJ
fbem-511	124	2	,	,	PUNCT
fbem-511	124	3	it	it	PRON
fbem-511	124	4	allows	allow	VERB
fbem-511	124	5	the	the	DET
fbem-511	124	6	dynamic	dynamic	ADJ
fbem-511	124	7	interaction	interaction	NOUN
fbem-511	124	8	between	between	ADP
fbem-511	124	9	the	the	DET
fbem-511	124	10	level	level	NOUN
fbem-511	124	11	of	of	ADP
fbem-511	124	12	endogenous	endogenous	ADJ
fbem-511	124	13	variables	variable	NOUN
fbem-511	124	14	and	and	CCONJ
fbem-511	124	15	time	time	NOUN
fbem-511	124	16	-	-	PUNCT
fbem-511	124	17	varying	vary	VERB
fbem-511	124	18	volatility	volatility	NOUN
fbem-511	124	19	in	in	ADP
fbem-511	124	20	the	the	DET
fbem-511	124	21	var	var	NOUN
fbem-511	124	22	model	model	NOUN
fbem-511	124	23	.	.	PUNCT
fbem-511	125	1	the	the	DET
fbem-511	125	2	analysis	analysis	NOUN
fbem-511	125	3	shows	show	VERB
fbem-511	125	4	that	that	SCONJ
fbem-511	125	5	when	when	SCONJ
fbem-511	125	6	the	the	DET
fbem-511	125	7	volatility	volatility	NOUN
fbem-511	125	8	of	of	ADP
fbem-511	125	9	monetary	monetary	ADJ
fbem-511	125	10	policy	policy	NOUN
fbem-511	125	11	increases	increase	NOUN
fbem-511	125	12	,	,	PUNCT
fbem-511	125	13	the	the	DET
fbem-511	125	14	nominal	nominal	ADJ
fbem-511	125	15	interest	interest	NOUN
fbem-511	125	16	rate	rate	NOUN
fbem-511	125	17	,	,	PUNCT
fbem-511	125	18	output	output	NOUN
fbem-511	125	19	growth	growth	NOUN
fbem-511	125	20	and	and	CCONJ
fbem-511	125	21	inflation	inflation	NOUN
fbem-511	125	22	will	will	AUX
fbem-511	125	23	show	show	VERB
fbem-511	125	24	a	a	DET
fbem-511	125	25	downward	downward	ADJ
fbem-511	125	26	trend	trend	NOUN
fbem-511	125	27	.	.	PUNCT
fbem-511	126	1	according	accord	VERB
fbem-511	126	2	to	to	ADP
fbem-511	126	3	blinder	blinder	PROPN
fbem-511	126	4	et	et	PROPN
fbem-511	126	5	al	al	PROPN
fbem-511	126	6	.	.	PROPN
fbem-511	127	1	(	(	PUNCT
fbem-511	127	2	2008	2008	NUM
fbem-511	127	3	)	)	PUNCT
fbem-511	127	4	,	,	PUNCT
fbem-511	127	5	the	the	DET
fbem-511	127	6	impact	impact	NOUN
fbem-511	127	7	of	of	ADP
fbem-511	127	8	monetary	monetary	ADJ
fbem-511	127	9	policy	policy	NOUN
fbem-511	127	10	on	on	ADP
fbem-511	127	11	different	different	ADJ
fbem-511	127	12	sectors	sector	NOUN
fbem-511	127	13	varies	vary	VERB
fbem-511	127	14	substantially	substantially	ADV
fbem-511	127	15	.	.	PUNCT
fbem-511	128	1	to	to	PART
fbem-511	128	2	assess	assess	VERB
fbem-511	128	3	the	the	DET
fbem-511	128	4	impact	impact	NOUN
fbem-511	128	5	of	of	ADP
fbem-511	128	6	the	the	DET
fbem-511	128	7	central	central	ADJ
fbem-511	128	8	bank	bank	NOUN
fbem-511	128	9	's	's	PART
fbem-511	128	10	use	use	NOUN
fbem-511	128	11	of	of	ADP
fbem-511	128	12	unconventional	unconventional	ADJ
fbem-511	128	13	monetary	monetary	ADJ
fbem-511	128	14	policy	policy	NOUN
fbem-511	128	15	to	to	PART
fbem-511	128	16	deal	deal	VERB
fbem-511	128	17	with	with	ADP
fbem-511	128	18	the	the	DET
fbem-511	128	19	financial	financial	ADJ
fbem-511	128	20	crisis	crisis	NOUN
fbem-511	128	21	,	,	PUNCT
fbem-511	128	22	gertler	gertler	NOUN
fbem-511	128	23	and	and	CCONJ
fbem-511	128	24	karadi	karadi	NOUN
fbem-511	128	25	(	(	PUNCT
fbem-511	128	26	2011	2011	NUM
fbem-511	128	27	)	)	PUNCT
fbem-511	128	28	built	build	VERB
fbem-511	128	29	a	a	DET
fbem-511	128	30	quantitative	quantitative	ADJ
fbem-511	128	31	monetary	monetary	ADJ
fbem-511	128	32	dsge	dsge	PROPN
fbem-511	128	33	model	model	NOUN
fbem-511	128	34	.	.	PUNCT
fbem-511	129	1	the	the	DET
fbem-511	129	2	central	central	ADJ
fbem-511	129	3	bank	bank	NOUN
fbem-511	129	4	is	be	AUX
fbem-511	129	5	less	less	ADV
fbem-511	129	6	efficient	efficient	ADJ
fbem-511	129	7	than	than	ADP
fbem-511	129	8	private	private	ADJ
fbem-511	129	9	intermediaries	intermediary	NOUN
fbem-511	129	10	in	in	ADP
fbem-511	129	11	giving	give	VERB
fbem-511	129	12	loans	loan	NOUN
fbem-511	129	13	,	,	PUNCT
fbem-511	129	14	but	but	CCONJ
fbem-511	129	15	it	it	PRON
fbem-511	129	16	has	have	VERB
fbem-511	129	17	the	the	DET
fbem-511	129	18	advantage	advantage	NOUN
fbem-511	129	19	of	of	ADP
fbem-511	129	20	being	be	AUX
fbem-511	129	21	able	able	ADJ
fbem-511	129	22	to	to	PART
fbem-511	129	23	obtain	obtain	VERB
fbem-511	129	24	cash	cash	NOUN
fbem-511	129	25	by	by	ADP
fbem-511	129	26	issuing	issue	VERB
fbem-511	129	27	government	government	NOUN
fbem-511	129	28	debt	debt	NOUN
fbem-511	129	29	,	,	PUNCT
fbem-511	129	30	according	accord	VERB
fbem-511	129	31	to	to	ADP
fbem-511	129	32	the	the	DET
fbem-511	129	33	study	study	NOUN
fbem-511	129	34	.	.	PUNCT
fbem-511	130	1	it	it	PRON
fbem-511	130	2	is	be	AUX
fbem-511	130	3	not	not	PART
fbem-511	130	4	subject	subject	ADJ
fbem-511	130	5	to	to	ADP
fbem-511	130	6	balance	balance	NOUN
fbem-511	130	7	sheet	sheet	NOUN
fbem-511	130	8	limits	limit	NOUN
fbem-511	130	9	,	,	PUNCT
fbem-511	130	10	unlike	unlike	ADP
fbem-511	130	11	private	private	ADJ
fbem-511	130	12	intermediaries	intermediary	NOUN
fbem-511	130	13	.	.	PUNCT
fbem-511	131	1	chen	chen	PROPN
fbem-511	131	2	et	et	PROPN
fbem-511	131	3	al	al	PROPN
fbem-511	131	4	.	.	PROPN
fbem-511	131	5	(	(	PUNCT
fbem-511	131	6	2012	2012	NUM
fbem-511	131	7	)	)	PUNCT
fbem-511	131	8	investigated	investigate	VERB
fbem-511	131	9	the	the	DET
fbem-511	131	10	impact	impact	NOUN
fbem-511	131	11	of	of	ADP
fbem-511	131	12	fed	fed	PROPN
fbem-511	131	13	quantitative	quantitative	ADJ
fbem-511	131	14	easing	ease	VERB
fbem-511	131	15	(	(	PUNCT
fbem-511	131	16	qe	qe	PROPN
fbem-511	131	17	)	)	PUNCT
fbem-511	131	18	on	on	ADP
fbem-511	131	19	major	major	ADJ
fbem-511	131	20	developed	develop	VERB
fbem-511	131	21	economies	economy	NOUN
fbem-511	131	22	,	,	PUNCT
fbem-511	131	23	particularly	particularly	ADV
fbem-511	131	24	emerging	emerge	VERB
fbem-511	131	25	market	market	NOUN
fbem-511	131	26	economies	economy	NOUN
fbem-511	131	27	,	,	PUNCT
fbem-511	131	28	across	across	ADP
fbem-511	131	29	borders	border	NOUN
fbem-511	131	30	.	.	PUNCT
fbem-511	132	1	quantitative	quantitative	ADJ
fbem-511	132	2	easing	ease	VERB
fbem-511	132	3	policy	policy	NOUN
fbem-511	132	4	has	have	VERB
fbem-511	132	5	a	a	DET
fbem-511	132	6	major	major	ADJ
fbem-511	132	7	impact	impact	NOUN
fbem-511	132	8	on	on	ADP
fbem-511	132	9	the	the	DET
fbem-511	132	10	global	global	ADJ
fbem-511	132	11	financial	financial	ADJ
fbem-511	132	12	market	market	NOUN
fbem-511	132	13	,	,	PUNCT
fbem-511	132	14	according	accord	VERB
fbem-511	132	15	to	to	ADP
fbem-511	132	16	the	the	DET
fbem-511	132	17	findings	finding	NOUN
fbem-511	132	18	.	.	PUNCT
fbem-511	133	1	quantitative	quantitative	ADJ
fbem-511	133	2	easing	easing	NOUN
fbem-511	133	3	has	have	AUX
fbem-511	133	4	influenced	influence	VERB
fbem-511	133	5	developing	develop	VERB
fbem-511	133	6	market	market	NOUN
fbem-511	133	7	asset	asset	NOUN
fbem-511	133	8	prices	price	NOUN
fbem-511	133	9	,	,	PUNCT
fbem-511	133	10	as	as	ADV
fbem-511	133	11	well	well	ADV
fbem-511	133	12	as	as	ADP
fbem-511	133	13	stock	stock	NOUN
fbem-511	133	14	prices	price	NOUN
fbem-511	133	15	,	,	PUNCT
fbem-511	133	16	government	government	NOUN
fbem-511	133	17	and	and	CCONJ
fbem-511	133	18	corporate	corporate	ADJ
fbem-511	133	19	bond	bond	NOUN
fbem-511	133	20	yields	yield	NOUN
fbem-511	133	21	,	,	PUNCT
fbem-511	133	22	and	and	CCONJ
fbem-511	133	23	cds	cd	NOUN
fbem-511	133	24	spreads	spread	VERB
fbem-511	133	25	.	.	PUNCT
fbem-511	134	1	the	the	DET
fbem-511	134	2	empirical	empirical	ADJ
fbem-511	134	3	results	result	NOUN
fbem-511	134	4	confirm	confirm	VERB
fbem-511	134	5	that	that	SCONJ
fbem-511	134	6	the	the	DET
fbem-511	134	7	quantitative	quantitative	ADJ
fbem-511	134	8	easing	ease	VERB
fbem-511	134	9	plan	plan	NOUN
fbem-511	134	10	of	of	ADP
fbem-511	134	11	developed	develop	VERB
fbem-511	134	12	economies	economy	NOUN
fbem-511	134	13	has	have	AUX
fbem-511	134	14	affected	affect	VERB
fbem-511	134	15	the	the	DET
fbem-511	134	16	expectations	expectation	NOUN
fbem-511	134	17	of	of	ADP
fbem-511	134	18	international	international	ADJ
fbem-511	134	19	financial	financial	ADJ
fbem-511	134	20	markets	market	NOUN
fbem-511	134	21	on	on	ADP
fbem-511	134	22	the	the	DET
fbem-511	134	23	intensity	intensity	NOUN
fbem-511	134	24	of	of	ADP
fbem-511	134	25	cross	cross	ADJ
fbem-511	134	26	-	-	ADJ
fbem-511	134	27	border	border	ADJ
fbem-511	134	28	capital	capital	NOUN
fbem-511	134	29	flows	flow	NOUN
fbem-511	134	30	in	in	ADP
fbem-511	134	31	emerging	emerge	VERB
fbem-511	134	32	market	market	NOUN
fbem-511	134	33	economies	economy	NOUN
fbem-511	134	34	and	and	CCONJ
fbem-511	134	35	the	the	DET
fbem-511	134	36	concerns	concern	NOUN
fbem-511	134	37	of	of	ADP
fbem-511	134	38	emerging	emerge	VERB
fbem-511	134	39	market	market	NOUN
fbem-511	134	40	central	central	ADJ
fbem-511	134	41	banks	bank	NOUN
fbem-511	134	42	about	about	ADP
fbem-511	134	43	these	these	DET
fbem-511	134	44	capital	capital	NOUN
fbem-511	134	45	flows	flow	VERB
fbem-511	134	46	.	.	PUNCT
fbem-511	135	1	an	an	DET
fbem-511	135	2	economy	economy	NOUN
fbem-511	135	3	's	's	PART
fbem-511	135	4	announcement	announcement	NOUN
fbem-511	135	5	of	of	ADP
fbem-511	135	6	quantitative	quantitative	ADJ
fbem-511	135	7	easing	ease	VERB
fbem-511	135	8	measures	measure	NOUN
fbem-511	135	9	can	can	AUX
fbem-511	135	10	help	help	VERB
fbem-511	135	11	increase	increase	VERB
fbem-511	135	12	global	global	ADJ
fbem-511	135	13	liquidity	liquidity	NOUN
fbem-511	135	14	by	by	ADP
fbem-511	135	15	causing	cause	VERB
fbem-511	135	16	quick	quick	ADJ
fbem-511	135	17	repricing	repricing	NOUN
fbem-511	135	18	of	of	ADP
fbem-511	135	19	assets	asset	NOUN
fbem-511	135	20	in	in	ADP
fbem-511	135	21	global	global	ADJ
fbem-511	135	22	financial	financial	ADJ
fbem-511	135	23	markets	market	NOUN
fbem-511	135	24	.	.	PUNCT
fbem-511	136	1	the	the	DET
fbem-511	136	2	expansionary	expansionary	ADJ
fbem-511	136	3	impact	impact	NOUN
fbem-511	136	4	of	of	ADP
fbem-511	136	5	quantitative	quantitative	ADJ
fbem-511	136	6	easing	easing	NOUN
fbem-511	136	7	in	in	ADP
fbem-511	136	8	the	the	DET
fbem-511	136	9	united	united	PROPN
fbem-511	136	10	states	states	PROPN
fbem-511	136	11	is	be	AUX
fbem-511	136	12	quite	quite	ADV
fbem-511	136	13	considerable	considerable	ADJ
fbem-511	136	14	in	in	ADP
fbem-511	136	15	some	some	DET
fbem-511	136	16	economies	economy	NOUN
fbem-511	136	17	,	,	PUNCT
fbem-511	136	18	such	such	ADJ
fbem-511	136	19	as	as	ADP
fbem-511	136	20	hong	hong	PROPN
fbem-511	136	21	kong	kong	PROPN
fbem-511	136	22	and	and	CCONJ
fbem-511	136	23	brazil	brazil	PROPN
fbem-511	136	24	,	,	PUNCT
fbem-511	136	25	and	and	CCONJ
fbem-511	136	26	is	be	AUX
fbem-511	136	27	accompanied	accompany	VERB
fbem-511	136	28	with	with	ADP
fbem-511	136	29	rapid	rapid	ADJ
fbem-511	136	30	credit	credit	NOUN
fbem-511	136	31	growth	growth	NOUN
fbem-511	136	32	and	and	CCONJ
fbem-511	136	33	strong	strong	ADJ
fbem-511	136	34	capital	capital	NOUN
fbem-511	136	35	inflows	inflow	NOUN
fbem-511	136	36	,	,	PUNCT
fbem-511	136	37	currency	currency	NOUN
fbem-511	136	38	appreciation	appreciation	NOUN
fbem-511	136	39	,	,	PUNCT
fbem-511	136	40	and	and	CCONJ
fbem-511	136	41	inflationary	inflationary	ADJ
fbem-511	136	42	pressure	pressure	NOUN
fbem-511	136	43	(	(	PUNCT
fbem-511	136	44	bauer	bauer	NOUN
fbem-511	136	45	and	and	CCONJ
fbem-511	136	46	neely	neely	PROPN
fbem-511	136	47	,	,	PUNCT
fbem-511	136	48	2014	2014	NUM
fbem-511	136	49	)	)	PUNCT
fbem-511	136	50	.	.	PUNCT
fbem-511	137	1	jeong	jeong	PROPN
fbem-511	137	2	and	and	CCONJ
fbem-511	137	3	lee	lee	PROPN
fbem-511	137	4	(	(	PUNCT
fbem-511	137	5	2001	2001	NUM
fbem-511	137	6	)	)	PUNCT
fbem-511	137	7	analyzed	analyze	VERB
fbem-511	137	8	the	the	DET
fbem-511	137	9	spillover	spillover	NOUN
fbem-511	137	10	mechanism	mechanism	NOUN
fbem-511	137	11	of	of	ADP
fbem-511	137	12	monetary	monetary	ADJ
fbem-511	137	13	policy	policy	NOUN
fbem-511	137	14	changes	change	NOUN
fbem-511	137	15	on	on	ADP
fbem-511	137	16	inflation	inflation	NOUN
fbem-511	137	17	among	among	ADP
fbem-511	137	18	developed	develop	VERB
fbem-511	137	19	countries	country	NOUN
fbem-511	137	20	.	.	PUNCT
fbem-511	138	1	the	the	DET
fbem-511	138	2	research	research	NOUN
fbem-511	138	3	shows	show	VERB
fbem-511	138	4	that	that	SCONJ
fbem-511	138	5	the	the	DET
fbem-511	138	6	economic	economic	ADJ
fbem-511	138	7	cycle	cycle	NOUN
fbem-511	138	8	and	and	CCONJ
fbem-511	138	9	economic	economic	ADJ
fbem-511	138	10	structure	structure	NOUN
fbem-511	138	11	of	of	ADP
fbem-511	138	12	g7	g7	PROPN
fbem-511	138	13	countries	country	NOUN
fbem-511	138	14	are	be	AUX
fbem-511	138	15	relatively	relatively	ADV
fbem-511	138	16	similar	similar	ADJ
fbem-511	138	17	,	,	PUNCT
fbem-511	138	18	so	so	CCONJ
fbem-511	138	19	there	there	PRON
fbem-511	138	20	is	be	VERB
fbem-511	138	21	a	a	DET
fbem-511	138	22	certain	certain	ADJ
fbem-511	138	23	degree	degree	NOUN
fbem-511	138	24	of	of	ADP
fbem-511	138	25	cointegration	cointegration	NOUN
fbem-511	138	26	relationship	relationship	NOUN
fbem-511	138	27	between	between	ADP
fbem-511	138	28	inflation	inflation	NOUN
fbem-511	138	29	in	in	ADP
fbem-511	138	30	various	various	ADJ
fbem-511	138	31	countries	country	NOUN
fbem-511	138	32	.	.	PUNCT
fbem-511	139	1	in	in	ADP
fbem-511	139	2	terms	term	NOUN
fbem-511	139	3	of	of	ADP
fbem-511	139	4	relative	relative	ADJ
fbem-511	139	5	impact	impact	NOUN
fbem-511	139	6	,	,	PUNCT
fbem-511	139	7	the	the	DET
fbem-511	139	8	united	united	PROPN
fbem-511	139	9	states	states	PROPN
fbem-511	139	10	has	have	VERB
fbem-511	139	11	the	the	DET
fbem-511	139	12	greatest	great	ADJ
fbem-511	139	13	impact	impact	NOUN
fbem-511	139	14	on	on	ADP
fbem-511	139	15	inflation	inflation	NOUN
fbem-511	139	16	in	in	ADP
fbem-511	139	17	g7	g7	PROPN
fbem-511	139	18	countries	country	NOUN
fbem-511	139	19	,	,	PUNCT
fbem-511	139	20	and	and	CCONJ
fbem-511	139	21	will	will	AUX
fbem-511	139	22	also	also	ADV
fbem-511	139	23	be	be	AUX
fbem-511	139	24	affected	affect	VERB
fbem-511	139	25	by	by	ADP
fbem-511	139	26	other	other	ADJ
fbem-511	139	27	countries	country	NOUN
fbem-511	139	28	.	.	PUNCT
fbem-511	140	1	according	accord	VERB
fbem-511	140	2	to	to	ADP
fbem-511	140	3	the	the	DET
fbem-511	140	4	identification	identification	NOUN
fbem-511	140	5	method	method	NOUN
fbem-511	140	6	of	of	ADP
fbem-511	140	7	romer	romer	NOUN
fbem-511	140	8	and	and	CCONJ
fbem-511	140	9	romer	romer	NOUN
fbem-511	140	10	(	(	PUNCT
fbem-511	140	11	2004	2004	NUM
fbem-511	140	12	)	)	PUNCT
fbem-511	140	13	,	,	PUNCT
fbem-511	140	14	a	a	DET
fbem-511	140	15	new	new	ADJ
fbem-511	140	16	method	method	NOUN
fbem-511	140	17	to	to	PART
fbem-511	140	18	measure	measure	VERB
fbem-511	140	19	monetary	monetary	ADJ
fbem-511	140	20	policy	policy	NOUN
fbem-511	140	21	innovation	innovation	NOUN
fbem-511	140	22	is	be	AUX
fbem-511	140	23	constructed	construct	VERB
fbem-511	140	24	.	.	PUNCT
fbem-511	141	1	the	the	DET
fbem-511	141	2	results	result	NOUN
fbem-511	141	3	show	show	VERB
fbem-511	141	4	that	that	SCONJ
fbem-511	141	5	for	for	ADP
fbem-511	141	6	every	every	DET
fbem-511	141	7	1	1	NUM
fbem-511	141	8	percentage	percentage	NOUN
fbem-511	141	9	point	point	NOUN
fbem-511	141	10	increase	increase	NOUN
fbem-511	141	11	in	in	ADP
fbem-511	141	12	policy	policy	NOUN
fbem-511	141	13	interest	interest	NOUN
fbem-511	141	14	rate	rate	NOUN
fbem-511	141	15	,	,	PUNCT
fbem-511	141	16	output	output	NOUN
fbem-511	141	17	will	will	AUX
fbem-511	141	18	decrease	decrease	VERB
fbem-511	141	19	by	by	ADP
fbem-511	141	20	0.6	0.6	NUM
fbem-511	141	21	%	%	NOUN
fbem-511	141	22	,	,	PUNCT
fbem-511	141	23	and	and	CCONJ
fbem-511	141	24	inflation	inflation	NOUN
fbem-511	141	25	will	will	AUX
fbem-511	141	26	decrease	decrease	VERB
fbem-511	141	27	by	by	ADP
fbem-511	141	28	up	up	ADP
fbem-511	141	29	to	to	PART
fbem-511	141	30	1	1	NUM
fbem-511	141	31	percentage	percentage	NOUN
fbem-511	141	32	point	point	NOUN
fbem-511	141	33	in	in	ADP
fbem-511	141	34	2	2	NUM
fbem-511	141	35	to	to	PART
fbem-511	141	36	3	3	NUM
fbem-511	141	37	years	year	NOUN
fbem-511	141	38	.	.	PUNCT
fbem-511	142	1	kapetanios	kapetanio	NOUN
fbem-511	142	2	et	et	PROPN
fbem-511	142	3	al	al	PROPN
fbem-511	142	4	.	.	PROPN
fbem-511	143	1	(	(	PUNCT
fbem-511	143	2	2012	2012	NUM
fbem-511	143	3	)	)	PUNCT
fbem-511	143	4	studied	study	VERB
fbem-511	143	5	the	the	DET
fbem-511	143	6	effect	effect	NOUN
fbem-511	143	7	of	of	ADP
fbem-511	143	8	quantitative	quantitative	ADJ
fbem-511	143	9	easing	ease	VERB
fbem-511	143	10	monetary	monetary	ADJ
fbem-511	143	11	policy	policy	NOUN
fbem-511	143	12	on	on	ADP
fbem-511	143	13	uk	uk	PROPN
fbem-511	143	14	output	output	NOUN
fbem-511	143	15	and	and	CCONJ
fbem-511	143	16	inflation	inflation	NOUN
fbem-511	143	17	.	.	PUNCT
fbem-511	144	1	the	the	DET
fbem-511	144	2	results	result	NOUN
fbem-511	144	3	showed	show	VERB
fbem-511	144	4	that	that	SCONJ
fbem-511	144	5	the	the	DET
fbem-511	144	6	first	first	ADJ
fbem-511	144	7	round	round	NOUN
fbem-511	144	8	of	of	ADP
fbem-511	144	9	quantitative	quantitative	ADJ
fbem-511	144	10	easing	ease	VERB
fbem-511	144	11	monetary	monetary	ADJ
fbem-511	144	12	policy	policy	NOUN
fbem-511	144	13	increased	increase	VERB
fbem-511	144	14	gdp	gdp	NOUN
fbem-511	144	15	by	by	ADP
fbem-511	144	16	1.5	1.5	NUM
fbem-511	144	17	%	%	NOUN
fbem-511	144	18	and	and	CCONJ
fbem-511	144	19	inflation	inflation	NOUN
fbem-511	144	20	by	by	ADP
fbem-511	144	21	1.25	1.25	NUM
fbem-511	144	22	%	%	NOUN
fbem-511	144	23	.	.	PUNCT
fbem-511	145	1	oda	oda	PROPN
fbem-511	145	2	and	and	CCONJ
fbem-511	145	3	ueda	ueda	PROPN
fbem-511	145	4	(	(	PUNCT
fbem-511	145	5	2005	2005	NUM
fbem-511	145	6	)	)	PUNCT
fbem-511	145	7	studied	study	VERB
fbem-511	145	8	the	the	DET
fbem-511	145	9	effect	effect	NOUN
fbem-511	145	10	of	of	ADP
fbem-511	145	11	japan	japan	PROPN
fbem-511	145	12	's	's	PART
fbem-511	145	13	quantitative	quantitative	ADJ
fbem-511	145	14	easing	ease	VERB
fbem-511	145	15	policy	policy	NOUN
fbem-511	145	16	.	.	PUNCT
fbem-511	146	1	they	they	PRON
fbem-511	146	2	believe	believe	VERB
fbem-511	146	3	that	that	SCONJ
fbem-511	146	4	quantitative	quantitative	ADJ
fbem-511	146	5	easing	ease	VERB
fbem-511	146	6	monetary	monetary	ADJ
fbem-511	146	7	policy	policy	NOUN
fbem-511	146	8	significantly	significantly	ADV
fbem-511	146	9	improves	improve	VERB
fbem-511	146	10	output	output	NOUN
fbem-511	146	11	in	in	ADP
fbem-511	146	12	the	the	DET
fbem-511	146	13	short	short	ADJ
fbem-511	146	14	term	term	NOUN
fbem-511	146	15	,	,	PUNCT
fbem-511	146	16	but	but	CCONJ
fbem-511	146	17	does	do	AUX
fbem-511	146	18	not	not	PART
fbem-511	146	19	significantly	significantly	ADV
fbem-511	146	20	improve	improve	VERB
fbem-511	146	21	the	the	DET
fbem-511	146	22	level	level	NOUN
fbem-511	146	23	of	of	ADP
fbem-511	146	24	inflation	inflation	NOUN
fbem-511	146	25	.	.	PUNCT
fbem-511	147	1	they	they	PRON
fbem-511	147	2	believe	believe	VERB
fbem-511	147	3	that	that	SCONJ
fbem-511	147	4	this	this	DET
fbem-511	147	5	experience	experience	NOUN
fbem-511	147	6	can	can	AUX
fbem-511	147	7	be	be	AUX
fbem-511	147	8	used	use	VERB
fbem-511	147	9	for	for	ADP
fbem-511	147	10	reference	reference	NOUN
fbem-511	147	11	by	by	ADP
fbem-511	147	12	other	other	ADJ
fbem-511	147	13	countries	country	NOUN
fbem-511	147	14	.	.	PUNCT
fbem-511	148	1	therefore	therefore	ADV
fbem-511	148	2	,	,	PUNCT
fbem-511	148	3	when	when	SCONJ
fbem-511	148	4	the	the	DET
fbem-511	148	5	financial	financial	ADJ
fbem-511	148	6	crisis	crisis	NOUN
fbem-511	148	7	broke	break	VERB
fbem-511	148	8	out	out	ADP
fbem-511	148	9	,	,	PUNCT
fbem-511	148	10	the	the	DET
fbem-511	148	11	fed	fed	PROPN
fbem-511	148	12	chose	choose	VERB
fbem-511	148	13	quantitative	quantitative	ADJ
fbem-511	148	14	easing	ease	VERB
fbem-511	148	15	monetary	monetary	ADJ
fbem-511	148	16	policy	policy	NOUN
fbem-511	148	17	as	as	SCONJ
fbem-511	148	18	its	its	PRON
fbem-511	148	19	further	further	ADJ
fbem-511	148	20	regulation	regulation	NOUN
fbem-511	148	21	means	mean	VERB
fbem-511	148	22	after	after	SCONJ
fbem-511	148	23	the	the	DET
fbem-511	148	24	target	target	NOUN
fbem-511	148	25	interest	interest	NOUN
fbem-511	148	26	rate	rate	NOUN
fbem-511	148	27	was	be	AUX
fbem-511	148	28	close	close	ADJ
fbem-511	148	29	to	to	ADP
fbem-511	148	30	zero	zero	NUM
fbem-511	148	31	.	.	PUNCT
fbem-511	149	1	ugai	ugai	PROPN
fbem-511	149	2	(	(	PUNCT
fbem-511	149	3	2007	2007	NUM
fbem-511	149	4	)	)	PUNCT
fbem-511	149	5	also	also	ADV
fbem-511	149	6	studied	study	VERB
fbem-511	149	7	the	the	DET
fbem-511	149	8	effect	effect	NOUN
fbem-511	149	9	of	of	ADP
fbem-511	149	10	quantitative	quantitative	ADJ
fbem-511	149	11	easing	ease	VERB
fbem-511	149	12	monetary	monetary	ADJ
fbem-511	149	13	policy	policy	NOUN
fbem-511	149	14	in	in	ADP
fbem-511	149	15	japan	japan	PROPN
fbem-511	149	16	from	from	ADP
fbem-511	149	17	2001	2001	NUM
fbem-511	149	18	to	to	ADP
fbem-511	149	19	2006	2006	NUM
fbem-511	149	20	.	.	PUNCT
fbem-511	150	1	the	the	DET
fbem-511	150	2	results	result	NOUN
fbem-511	150	3	show	show	VERB
fbem-511	150	4	that	that	SCONJ
fbem-511	150	5	japan	japan	PROPN
fbem-511	150	6	's	's	PART
fbem-511	150	7	quantitative	quantitative	ADJ
fbem-511	150	8	easing	ease	VERB
fbem-511	150	9	monetary	monetary	ADJ
fbem-511	150	10	policy	policy	NOUN
fbem-511	150	11	has	have	AUX
fbem-511	150	12	created	create	VERB
fbem-511	150	13	a	a	DET
fbem-511	150	14	very	very	ADV
fbem-511	150	15	loose	loose	ADJ
fbem-511	150	16	relief	relief	NOUN
fbem-511	150	17	for	for	ADP
fbem-511	150	18	corporate	corporate	ADJ
fbem-511	150	19	finance	finance	NOUN
fbem-511	150	20	and	and	CCONJ
fbem-511	150	21	reduced	reduce	VERB
fbem-511	150	22	the	the	DET
fbem-511	150	23	cost	cost	NOUN
fbem-511	150	24	of	of	ADP
fbem-511	150	25	obtaining	obtain	VERB
fbem-511	150	26	funds	fund	NOUN
fbem-511	150	27	for	for	ADP
fbem-511	150	28	japanese	japanese	ADJ
fbem-511	150	29	enterprises	enterprise	NOUN
fbem-511	150	30	,	,	PUNCT
fbem-511	150	31	including	include	VERB
fbem-511	150	32	financial	financial	ADJ
fbem-511	150	33	enterprises	enterprise	NOUN
fbem-511	150	34	,	,	PUNCT
fbem-511	150	35	but	but	CCONJ
fbem-511	150	36	the	the	DET
fbem-511	150	37	effect	effect	NOUN
fbem-511	150	38	is	be	AUX
fbem-511	150	39	not	not	PART
fbem-511	150	40	obvious	obvious	ADJ
fbem-511	150	41	in	in	ADP
fbem-511	150	42	improving	improve	VERB
fbem-511	150	43	the	the	DET
fbem-511	150	44	total	total	ADJ
fbem-511	150	45	domestic	domestic	ADJ
fbem-511	150	46	demand	demand	NOUN
fbem-511	150	47	and	and	CCONJ
fbem-511	150	48	price	price	NOUN
fbem-511	150	49	.	.	PUNCT
fbem-511	151	1	nakajima	nakajima	PROPN
fbem-511	151	2	(	(	PUNCT
fbem-511	151	3	2011	2011	NUM
fbem-511	151	4	)	)	PUNCT
fbem-511	151	5	studied	study	VERB
fbem-511	151	6	the	the	DET
fbem-511	151	7	effect	effect	NOUN
fbem-511	151	8	of	of	ADP
fbem-511	151	9	monetary	monetary	ADJ
fbem-511	151	10	policy	policy	NOUN
fbem-511	151	11	in	in	ADP
fbem-511	151	12	japan	japan	PROPN
fbem-511	151	13	under	under	ADP
fbem-511	151	14	zero	zero	NUM
fbem-511	151	15	boundary	boundary	ADJ
fbem-511	151	16	interest	interest	NOUN
fbem-511	151	17	rate	rate	NOUN
fbem-511	151	18	.	.	PUNCT
fbem-511	152	1	the	the	DET
fbem-511	152	2	results	result	NOUN
fbem-511	152	3	show	show	VERB
fbem-511	152	4	that	that	SCONJ
fbem-511	152	5	quantitative	quantitative	ADJ
fbem-511	152	6	easing	ease	VERB
fbem-511	152	7	monetary	monetary	ADJ
fbem-511	152	8	policy	policy	NOUN
fbem-511	152	9	can	can	AUX
fbem-511	152	10	significantly	significantly	ADV
fbem-511	152	11	reduce	reduce	VERB
fbem-511	152	12	bond	bond	NOUN
fbem-511	152	13	yield	yield	NOUN
fbem-511	152	14	and	and	CCONJ
fbem-511	152	15	then	then	ADV
fbem-511	152	16	affect	affect	VERB
fbem-511	152	17	macroeconomic	macroeconomic	ADJ
fbem-511	152	18	variables	variable	NOUN
fbem-511	152	19	,	,	PUNCT
fbem-511	152	20	but	but	CCONJ
fbem-511	152	21	the	the	DET
fbem-511	152	22	direct	direct	ADJ
fbem-511	152	23	relationship	relationship	NOUN
fbem-511	152	24	between	between	ADP
fbem-511	152	25	quantitative	quantitative	ADJ
fbem-511	152	26	easing	ease	VERB
fbem-511	152	27	monetary	monetary	ADJ
fbem-511	152	28	policy	policy	NOUN
fbem-511	152	29	and	and	CCONJ
fbem-511	152	30	macroeconomic	macroeconomic	ADJ
fbem-511	152	31	variables	variable	NOUN
fbem-511	152	32	is	be	AUX
fbem-511	152	33	difficult	difficult	ADJ
fbem-511	152	34	to	to	PART
fbem-511	152	35	be	be	AUX
fbem-511	152	36	clearly	clearly	ADV
fbem-511	152	37	explained	explain	VERB
fbem-511	152	38	.	.	PUNCT
fbem-511	153	1	however	however	ADV
fbem-511	153	2	,	,	PUNCT
fbem-511	153	3	hansan	hansan	PROPN
fbem-511	153	4	et	et	PROPN
fbem-511	153	5	al	al	PROPN
fbem-511	153	6	.	.	PROPN
fbem-511	154	1	(	(	PUNCT
fbem-511	154	2	1995	1995	NUM
fbem-511	154	3	)	)	PUNCT
fbem-511	154	4	believes	believe	VERB
fbem-511	154	5	that	that	SCONJ
fbem-511	154	6	the	the	DET
fbem-511	154	7	previous	previous	ADJ
fbem-511	154	8	theories	theory	NOUN
fbem-511	154	9	of	of	ADP
fbem-511	154	10	international	international	ADJ
fbem-511	154	11	inflation	inflation	NOUN
fbem-511	154	12	transmission	transmission	NOUN
fbem-511	154	13	are	be	AUX
fbem-511	154	14	based	base	VERB
fbem-511	154	15	on	on	ADP
fbem-511	154	16	the	the	DET
fbem-511	154	17	national	national	ADJ
fbem-511	154	18	conditions	condition	NOUN
fbem-511	154	19	of	of	ADP
fbem-511	154	20	developed	develop	VERB
fbem-511	154	21	countries	country	NOUN
fbem-511	154	22	and	and	CCONJ
fbem-511	154	23	are	be	AUX
fbem-511	154	24	not	not	PART
fbem-511	154	25	necessarily	necessarily	ADV
fbem-511	154	26	applicable	applicable	ADJ
fbem-511	154	27	to	to	ADP
fbem-511	154	28	developing	develop	VERB
fbem-511	154	29	countries	country	NOUN
fbem-511	154	30	.	.	PUNCT
fbem-511	155	1	for	for	ADP
fbem-511	155	2	example	example	NOUN
fbem-511	155	3	,	,	PUNCT
fbem-511	155	4	there	there	PRON
fbem-511	155	5	is	be	VERB
fbem-511	155	6	a	a	DET
fbem-511	155	7	general	general	ADJ
fbem-511	155	8	surplus	surplus	NOUN
fbem-511	155	9	of	of	ADP
fbem-511	155	10	labor	labor	NOUN
fbem-511	155	11	in	in	ADP
fbem-511	155	12	developing	develop	VERB
fbem-511	155	13	countries	country	NOUN
fbem-511	155	14	,	,	PUNCT
fbem-511	155	15	and	and	CCONJ
fbem-511	155	16	the	the	DET
fbem-511	155	17	relationship	relationship	NOUN
fbem-511	155	18	between	between	ADP
fbem-511	155	19	inflation	inflation	NOUN
fbem-511	155	20	and	and	CCONJ
fbem-511	155	21	unemployment	unemployment	NOUN
fbem-511	155	22	described	describe	VERB
fbem-511	155	23	by	by	ADP
fbem-511	155	24	phillips	phillip	NOUN
fbem-511	155	25	curve	curve	NOUN
fbem-511	155	26	does	do	AUX
fbem-511	155	27	not	not	PART
fbem-511	155	28	necessarily	necessarily	ADV
fbem-511	155	29	hold	hold	VERB
fbem-511	155	30	in	in	ADP
fbem-511	155	31	developing	develop	VERB
fbem-511	155	32	countries	country	NOUN
fbem-511	155	33	.	.	PUNCT
fbem-511	156	1	nell	nell	PROPN
fbem-511	156	2	(	(	PUNCT
fbem-511	156	3	2004	2004	NUM
fbem-511	156	4	)	)	PUNCT
fbem-511	156	5	believes	believe	VERB
fbem-511	156	6	that	that	SCONJ
fbem-511	156	7	the	the	DET
fbem-511	156	8	shortage	shortage	NOUN
fbem-511	156	9	of	of	ADP
fbem-511	156	10	means	mean	NOUN
fbem-511	156	11	of	of	ADP
fbem-511	156	12	production	production	NOUN
fbem-511	156	13	and	and	CCONJ
fbem-511	156	14	means	mean	NOUN
fbem-511	156	15	of	of	ADP
fbem-511	156	16	living	live	VERB
fbem-511	156	17	in	in	ADP
fbem-511	156	18	developing	develop	VERB
fbem-511	156	19	countries	country	NOUN
fbem-511	156	20	will	will	AUX
fbem-511	156	21	cause	cause	VERB
fbem-511	156	22	long	long	ADJ
fbem-511	156	23	-	-	PUNCT
fbem-511	156	24	term	term	NOUN
fbem-511	156	25	inflation	inflation	NOUN
fbem-511	156	26	,	,	PUNCT
fbem-511	156	27	rather	rather	ADV
fbem-511	156	28	than	than	ADP
fbem-511	156	29	shortterm	shortterm	VERB
fbem-511	156	30	demand	demand	NOUN
fbem-511	156	31	driven	drive	VERB
fbem-511	156	32	inflation	inflation	NOUN
fbem-511	156	33	.	.	PUNCT
fbem-511	157	1	its	its	PRON
fbem-511	157	2	demand	demand	NOUN
fbem-511	157	3	for	for	ADP
fbem-511	157	4	imported	import	VERB
fbem-511	157	5	goods	good	NOUN
fbem-511	157	6	can	can	AUX
fbem-511	157	7	only	only	ADV
fbem-511	157	8	be	be	AUX
fbem-511	157	9	realized	realize	VERB
fbem-511	157	10	through	through	ADP
fbem-511	157	11	the	the	DET
fbem-511	157	12	additional	additional	ADJ
fbem-511	157	13	issuance	issuance	NOUN
fbem-511	157	14	of	of	ADP
fbem-511	157	15	currency	currency	NOUN
fbem-511	157	16	and	and	CCONJ
fbem-511	157	17	the	the	DET
fbem-511	157	18	depreciation	depreciation	NOUN
fbem-511	157	19	of	of	ADP
fbem-511	157	20	domestic	domestic	ADJ
fbem-511	157	21	currency	currency	NOUN
fbem-511	157	22	.	.	PUNCT
fbem-511	158	1	the	the	DET
fbem-511	158	2	devaluation	devaluation	NOUN
fbem-511	158	3	of	of	ADP
fbem-511	158	4	the	the	DET
fbem-511	158	5	currency	currency	NOUN
fbem-511	158	6	leads	lead	VERB
fbem-511	158	7	to	to	ADP
fbem-511	158	8	the	the	DET
fbem-511	158	9	rise	rise	NOUN
fbem-511	158	10	of	of	ADP
fbem-511	158	11	import	import	NOUN
fbem-511	158	12	commodity	commodity	NOUN
fbem-511	158	13	prices	price	NOUN
fbem-511	158	14	and	and	CCONJ
fbem-511	158	15	inflation	inflation	NOUN
fbem-511	158	16	expectations	expectation	NOUN
fbem-511	158	17	,	,	PUNCT
fbem-511	158	18	resulting	result	VERB
fbem-511	158	19	in	in	ADP
fbem-511	158	20	a	a	DET
fbem-511	158	21	wage	wage	NOUN
fbem-511	158	22	price	price	NOUN
fbem-511	158	23	spiral	spiral	NOUN
fbem-511	158	24	.	.	PUNCT
fbem-511	159	1	kolodko	kolodko	PROPN
fbem-511	159	2	(	(	PUNCT
fbem-511	159	3	1987	1987	NUM
fbem-511	159	4	)	)	PUNCT
fbem-511	159	5	believed	believe	VERB
fbem-511	159	6	that	that	SCONJ
fbem-511	159	7	the	the	DET
fbem-511	159	8	transmission	transmission	NOUN
fbem-511	159	9	of	of	ADP
fbem-511	159	10	inflation	inflation	NOUN
fbem-511	159	11	is	be	AUX
fbem-511	159	12	generally	generally	ADV
fbem-511	159	13	from	from	ADP
fbem-511	159	14	developed	develop	VERB
fbem-511	159	15	countries	country	NOUN
fbem-511	159	16	to	to	ADP
fbem-511	159	17	developing	develop	VERB
fbem-511	159	18	countries	country	NOUN
fbem-511	159	19	,	,	PUNCT
fbem-511	159	20	and	and	CCONJ
fbem-511	159	21	developing	develop	VERB
fbem-511	159	22	countries	country	NOUN
fbem-511	159	23	can	can	AUX
fbem-511	159	24	hardly	hardly	ADV
fbem-511	159	25	fight	fight	VERB
fbem-511	159	26	inflation	inflation	NOUN
fbem-511	159	27	because	because	SCONJ
fbem-511	159	28	of	of	ADP
fbem-511	159	29	their	their	PRON
fbem-511	159	30	limited	limited	ADJ
fbem-511	159	31	economic	economic	ADJ
fbem-511	159	32	scale	scale	NOUN
fbem-511	159	33	and	and	CCONJ
fbem-511	159	34	management	management	NOUN
fbem-511	159	35	level	level	NOUN
fbem-511	159	36	.	.	PUNCT
fbem-511	160	1	tyers	tyer	NOUN
fbem-511	160	2	(	(	PUNCT
fbem-511	160	3	2016	2016	NUM
fbem-511	160	4	)	)	PUNCT
fbem-511	160	5	found	find	VERB
fbem-511	160	6	that	that	SCONJ
fbem-511	160	7	in	in	ADP
fbem-511	160	8	the	the	DET
fbem-511	160	9	context	context	NOUN
fbem-511	160	10	of	of	ADP
fbem-511	160	11	economic	economic	ADJ
fbem-511	160	12	globalization	globalization	NOUN
fbem-511	160	13	,	,	PUNCT
fbem-511	160	14	china	china	PROPN
fbem-511	160	15	's	's	PART
fbem-511	160	16	economic	economic	ADJ
fbem-511	160	17	,	,	PUNCT
fbem-511	160	18	monetary	monetary	ADJ
fbem-511	160	19	and	and	CCONJ
fbem-511	160	20	financial	financial	ADJ
fbem-511	160	21	markets	market	NOUN
fbem-511	160	22	have	have	AUX
fbem-511	160	23	entered	enter	VERB
fbem-511	160	24	the	the	DET
fbem-511	160	25	transformation	transformation	NOUN
fbem-511	160	26	from	from	ADP
fbem-511	160	27	low	low	ADJ
fbem-511	160	28	savings	saving	NOUN
fbem-511	160	29	to	to	ADP
fbem-511	160	30	high	high	ADJ
fbem-511	160	31	savings	saving	NOUN
fbem-511	160	32	mechanism	mechanism	NOUN
fbem-511	160	33	.	.	PUNCT
fbem-511	161	1	the	the	DET
fbem-511	161	2	first	first	ADJ
fbem-511	161	3	one	one	NOUN
fbem-511	161	4	is	be	AUX
fbem-511	161	5	the	the	DET
fbem-511	161	6	expectation	expectation	NOUN
fbem-511	161	7	of	of	ADP
fbem-511	161	8	the	the	DET
fbem-511	161	9	appreciation	appreciation	NOUN
fbem-511	161	10	of	of	ADP
fbem-511	161	11	the	the	DET
fbem-511	161	12	us	us	PROPN
fbem-511	161	13	dollar	dollar	NOUN
fbem-511	161	14	,	,	PUNCT
fbem-511	161	15	which	which	PRON
fbem-511	161	16	leads	lead	VERB
fbem-511	161	17	to	to	ADP
fbem-511	161	18	the	the	DET
fbem-511	161	19	rise	rise	NOUN
fbem-511	161	20	of	of	ADP
fbem-511	161	21	us	we	PRON
fbem-511	161	22	real	real	ADJ
fbem-511	161	23	interest	interest	NOUN
fbem-511	161	24	rate	rate	NOUN
fbem-511	161	25	and	and	CCONJ
fbem-511	161	26	deflation	deflation	NOUN
fbem-511	161	27	.	.	PUNCT
fbem-511	162	1	when	when	SCONJ
fbem-511	162	2	the	the	DET
fbem-511	162	3	federal	federal	PROPN
fbem-511	162	4	reserve	reserve	PROPN
fbem-511	162	5	realizes	realize	VERB
fbem-511	162	6	this	this	DET
fbem-511	162	7	problem	problem	NOUN
fbem-511	162	8	,	,	PUNCT
fbem-511	162	9	it	it	PRON
fbem-511	162	10	will	will	AUX
fbem-511	162	11	implement	implement	VERB
fbem-511	162	12	an	an	DET
fbem-511	162	13	expansionary	expansionary	ADJ
fbem-511	162	14	104	104	NUM
fbem-511	162	15	monetary	monetary	ADJ
fbem-511	162	16	policy	policy	NOUN
fbem-511	162	17	,	,	PUNCT
fbem-511	162	18	and	and	CCONJ
fbem-511	162	19	other	other	ADJ
fbem-511	162	20	countries	country	NOUN
fbem-511	162	21	will	will	AUX
fbem-511	162	22	change	change	VERB
fbem-511	162	23	their	their	PRON
fbem-511	162	24	monetary	monetary	ADJ
fbem-511	162	25	policy	policy	NOUN
fbem-511	162	26	in	in	ADP
fbem-511	162	27	order	order	NOUN
fbem-511	162	28	to	to	PART
fbem-511	162	29	maintain	maintain	VERB
fbem-511	162	30	their	their	PRON
fbem-511	162	31	own	own	ADJ
fbem-511	162	32	interest	interest	NOUN
fbem-511	162	33	rate	rate	NOUN
fbem-511	162	34	target	target	NOUN
fbem-511	162	35	.	.	PUNCT
fbem-511	163	1	3	3	X
fbem-511	163	2	.	.	X
fbem-511	163	3	the	the	DET
fbem-511	163	4	impact	impact	NOUN
fbem-511	163	5	of	of	ADP
fbem-511	163	6	the	the	DET
fbem-511	163	7	fed	fed	PROPN
fbem-511	163	8	's	's	PART
fbem-511	163	9	quantitative	quantitative	ADJ
fbem-511	163	10	easing	ease	VERB
fbem-511	163	11	monetary	monetary	ADJ
fbem-511	163	12	policy	policy	NOUN
fbem-511	163	13	on	on	ADP
fbem-511	163	14	china	china	PROPN
fbem-511	163	15	3.1	3.1	NUM
fbem-511	163	16	.	.	PUNCT
fbem-511	164	1	china	china	PROPN
fbem-511	164	2	faces	face	VERB
fbem-511	164	3	greater	great	ADJ
fbem-511	164	4	inflationary	inflationary	ADJ
fbem-511	164	5	pressure	pressure	NOUN
fbem-511	164	6	the	the	DET
fbem-511	164	7	fed	fed	PROPN
fbem-511	164	8	's	's	PART
fbem-511	164	9	quantitative	quantitative	ADJ
fbem-511	164	10	easing	ease	VERB
fbem-511	164	11	monetary	monetary	ADJ
fbem-511	164	12	policy	policy	NOUN
fbem-511	164	13	will	will	AUX
fbem-511	164	14	make	make	VERB
fbem-511	164	15	china	china	PROPN
fbem-511	164	16	face	face	VERB
fbem-511	164	17	greater	great	ADJ
fbem-511	164	18	inflationary	inflationary	ADJ
fbem-511	164	19	pressure	pressure	NOUN
fbem-511	164	20	.	.	PUNCT
fbem-511	165	1	first	first	ADV
fbem-511	165	2	of	of	ADP
fbem-511	165	3	all	all	PRON
fbem-511	165	4	,	,	PUNCT
fbem-511	165	5	as	as	ADP
fbem-511	165	6	the	the	DET
fbem-511	165	7	world	world	NOUN
fbem-511	165	8	's	's	PART
fbem-511	165	9	second	second	ADV
fbem-511	165	10	largest	large	ADJ
fbem-511	165	11	trading	trading	NOUN
fbem-511	165	12	country	country	NOUN
fbem-511	165	13	,	,	PUNCT
fbem-511	165	14	china	china	PROPN
fbem-511	165	15	's	's	PART
fbem-511	165	16	exports	export	NOUN
fbem-511	165	17	are	be	AUX
fbem-511	165	18	mainly	mainly	ADV
fbem-511	165	19	processing	process	VERB
fbem-511	165	20	trade	trade	NOUN
fbem-511	165	21	,	,	PUNCT
fbem-511	165	22	and	and	CCONJ
fbem-511	165	23	its	its	PRON
fbem-511	165	24	economic	economic	ADJ
fbem-511	165	25	development	development	NOUN
fbem-511	165	26	is	be	AUX
fbem-511	165	27	highly	highly	ADV
fbem-511	165	28	dependent	dependent	ADJ
fbem-511	165	29	on	on	ADP
fbem-511	165	30	some	some	DET
fbem-511	165	31	imported	import	VERB
fbem-511	165	32	raw	raw	ADJ
fbem-511	165	33	materials	material	NOUN
fbem-511	165	34	.	.	PUNCT
fbem-511	166	1	due	due	ADP
fbem-511	166	2	to	to	ADP
fbem-511	166	3	the	the	DET
fbem-511	166	4	depreciation	depreciation	NOUN
fbem-511	166	5	of	of	ADP
fbem-511	166	6	the	the	DET
fbem-511	166	7	us	us	PROPN
fbem-511	166	8	dollar	dollar	NOUN
fbem-511	166	9	caused	cause	VERB
fbem-511	166	10	by	by	ADP
fbem-511	166	11	quantitative	quantitative	ADJ
fbem-511	166	12	easing	ease	VERB
fbem-511	166	13	monetary	monetary	ADJ
fbem-511	166	14	policy	policy	NOUN
fbem-511	166	15	,	,	PUNCT
fbem-511	166	16	the	the	DET
fbem-511	166	17	prices	price	NOUN
fbem-511	166	18	of	of	ADP
fbem-511	166	19	international	international	ADJ
fbem-511	166	20	bulk	bulk	ADJ
fbem-511	166	21	commodities	commodity	NOUN
fbem-511	166	22	such	such	ADJ
fbem-511	166	23	as	as	ADP
fbem-511	166	24	energy	energy	NOUN
fbem-511	166	25	and	and	CCONJ
fbem-511	166	26	raw	raw	ADJ
fbem-511	166	27	materials	material	NOUN
fbem-511	166	28	will	will	AUX
fbem-511	166	29	rise	rise	VERB
fbem-511	166	30	sharply	sharply	ADV
fbem-511	166	31	,	,	PUNCT
fbem-511	166	32	and	and	CCONJ
fbem-511	166	33	the	the	DET
fbem-511	166	34	prices	price	NOUN
fbem-511	166	35	of	of	ADP
fbem-511	166	36	domestic	domestic	ADJ
fbem-511	166	37	products	product	NOUN
fbem-511	166	38	produced	produce	VERB
fbem-511	166	39	with	with	ADP
fbem-511	166	40	imported	import	VERB
fbem-511	166	41	raw	raw	ADJ
fbem-511	166	42	materials	material	NOUN
fbem-511	166	43	will	will	AUX
fbem-511	166	44	inevitably	inevitably	ADV
fbem-511	166	45	rise	rise	VERB
fbem-511	166	46	,	,	PUNCT
fbem-511	166	47	which	which	PRON
fbem-511	166	48	will	will	AUX
fbem-511	166	49	increase	increase	VERB
fbem-511	166	50	china	china	PROPN
fbem-511	166	51	's	's	PART
fbem-511	166	52	"	"	PUNCT
fbem-511	166	53	imported	import	VERB
fbem-511	166	54	"	"	PUNCT
fbem-511	166	55	inflationary	inflationary	ADJ
fbem-511	166	56	pressure	pressure	NOUN
fbem-511	166	57	and	and	CCONJ
fbem-511	166	58	promote	promote	VERB
fbem-511	166	59	the	the	DET
fbem-511	166	60	rise	rise	NOUN
fbem-511	166	61	of	of	ADP
fbem-511	166	62	the	the	DET
fbem-511	166	63	overall	overall	ADJ
fbem-511	166	64	level	level	NOUN
fbem-511	166	65	of	of	ADP
fbem-511	166	66	domestic	domestic	ADJ
fbem-511	166	67	prices	price	NOUN
fbem-511	166	68	.	.	PUNCT
fbem-511	167	1	secondly	secondly	ADV
fbem-511	167	2	,	,	PUNCT
fbem-511	167	3	the	the	DET
fbem-511	167	4	sharp	sharp	ADJ
fbem-511	167	5	rise	rise	NOUN
fbem-511	167	6	in	in	ADP
fbem-511	167	7	commodity	commodity	NOUN
fbem-511	167	8	prices	price	NOUN
fbem-511	167	9	and	and	CCONJ
fbem-511	167	10	the	the	DET
fbem-511	167	11	inflation	inflation	NOUN
fbem-511	167	12	risk	risk	NOUN
fbem-511	167	13	brought	bring	VERB
fbem-511	167	14	by	by	ADP
fbem-511	167	15	hot	hot	ADJ
fbem-511	167	16	money	money	NOUN
fbem-511	167	17	inflows	inflow	NOUN
fbem-511	167	18	will	will	AUX
fbem-511	167	19	further	far	ADV
fbem-511	167	20	strengthen	strengthen	VERB
fbem-511	167	21	domestic	domestic	ADJ
fbem-511	167	22	inflation	inflation	NOUN
fbem-511	167	23	expectations	expectation	NOUN
fbem-511	167	24	.	.	PUNCT
fbem-511	168	1	as	as	SCONJ
fbem-511	168	2	inflation	inflation	NOUN
fbem-511	168	3	has	have	VERB
fbem-511	168	4	the	the	DET
fbem-511	168	5	characteristics	characteristic	NOUN
fbem-511	168	6	of	of	ADP
fbem-511	168	7	"	"	PUNCT
fbem-511	168	8	self	self	NOUN
fbem-511	168	9	realization	realization	NOUN
fbem-511	168	10	of	of	ADP
fbem-511	168	11	expectations	expectation	NOUN
fbem-511	168	12	"	"	PUNCT
fbem-511	168	13	,	,	PUNCT
fbem-511	168	14	the	the	DET
fbem-511	168	15	continuous	continuous	ADJ
fbem-511	168	16	quantitative	quantitative	ADJ
fbem-511	168	17	easing	ease	VERB
fbem-511	168	18	monetary	monetary	ADJ
fbem-511	168	19	policy	policy	NOUN
fbem-511	168	20	of	of	ADP
fbem-511	168	21	the	the	DET
fbem-511	168	22	united	united	PROPN
fbem-511	168	23	states	states	PROPN
fbem-511	168	24	may	may	AUX
fbem-511	168	25	also	also	ADV
fbem-511	168	26	have	have	VERB
fbem-511	168	27	a	a	DET
fbem-511	168	28	self	self	NOUN
fbem-511	168	29	realization	realization	NOUN
fbem-511	168	30	effect	effect	NOUN
fbem-511	168	31	of	of	ADP
fbem-511	168	32	inflation	inflation	NOUN
fbem-511	168	33	by	by	ADP
fbem-511	168	34	affecting	affect	VERB
fbem-511	168	35	market	market	NOUN
fbem-511	168	36	expectations	expectation	NOUN
fbem-511	168	37	,	,	PUNCT
fbem-511	168	38	thus	thus	ADV
fbem-511	168	39	having	have	VERB
fbem-511	168	40	a	a	DET
fbem-511	168	41	vicious	vicious	ADJ
fbem-511	168	42	impact	impact	NOUN
fbem-511	168	43	on	on	ADP
fbem-511	168	44	china	china	PROPN
fbem-511	168	45	's	's	PART
fbem-511	168	46	economy	economy	NOUN
fbem-511	168	47	.	.	PUNCT
fbem-511	169	1	figure	figure	NOUN
fbem-511	169	2	1	1	NUM
fbem-511	169	3	.	.	PUNCT
fbem-511	170	1	inflation	inflation	NOUN
fbem-511	170	2	rate	rate	NOUN
fbem-511	170	3	data	data	PROPN
fbem-511	170	4	source	source	NOUN
fbem-511	170	5	:	:	PUNCT
fbem-511	170	6	world	world	PROPN
fbem-511	170	7	bank	bank	PROPN
fbem-511	170	8	3.2	3.2	NUM
fbem-511	170	9	.	.	PUNCT
fbem-511	171	1	the	the	DET
fbem-511	171	2	influx	influx	NOUN
fbem-511	171	3	of	of	ADP
fbem-511	171	4	international	international	ADJ
fbem-511	171	5	hot	hot	ADJ
fbem-511	171	6	money	money	NOUN
fbem-511	171	7	has	have	AUX
fbem-511	171	8	further	far	ADV
fbem-511	171	9	increased	increase	VERB
fbem-511	171	10	the	the	DET
fbem-511	171	11	pressure	pressure	NOUN
fbem-511	171	12	of	of	ADP
fbem-511	171	13	rmb	rmb	NOUN
fbem-511	171	14	appreciation	appreciation	NOUN
fbem-511	171	15	and	and	CCONJ
fbem-511	171	16	exacerbated	exacerbate	VERB
fbem-511	171	17	the	the	DET
fbem-511	171	18	recession	recession	NOUN
fbem-511	171	19	of	of	ADP
fbem-511	171	20	china	china	PROPN
fbem-511	171	21	's	's	PART
fbem-511	171	22	foreign	foreign	ADJ
fbem-511	171	23	trade	trade	NOUN
fbem-511	171	24	as	as	ADP
fbem-511	171	25	the	the	DET
fbem-511	171	26	largest	large	ADJ
fbem-511	171	27	and	and	CCONJ
fbem-511	171	28	fastest	fast	ADJ
fbem-511	171	29	growing	grow	VERB
fbem-511	171	30	emerging	emerge	VERB
fbem-511	171	31	market	market	NOUN
fbem-511	171	32	economy	economy	NOUN
fbem-511	171	33	in	in	ADP
fbem-511	171	34	the	the	DET
fbem-511	171	35	world	world	NOUN
fbem-511	171	36	,	,	PUNCT
fbem-511	171	37	china	china	PROPN
fbem-511	171	38	has	have	AUX
fbem-511	171	39	attracted	attract	VERB
fbem-511	171	40	a	a	DET
fbem-511	171	41	large	large	ADJ
fbem-511	171	42	number	number	NOUN
fbem-511	171	43	of	of	ADP
fbem-511	171	44	international	international	ADJ
fbem-511	171	45	investment	investment	NOUN
fbem-511	171	46	capital	capital	NOUN
fbem-511	171	47	due	due	ADP
fbem-511	171	48	to	to	ADP
fbem-511	171	49	its	its	PRON
fbem-511	171	50	strong	strong	ADJ
fbem-511	171	51	anti	anti	ADJ
fbem-511	171	52	crisis	crisis	NOUN
fbem-511	171	53	ability	ability	NOUN
fbem-511	171	54	,	,	PUNCT
fbem-511	171	55	rapid	rapid	ADJ
fbem-511	171	56	recovery	recovery	NOUN
fbem-511	171	57	ability	ability	NOUN
fbem-511	171	58	,	,	PUNCT
fbem-511	171	59	high	high	ADJ
fbem-511	171	60	rate	rate	NOUN
fbem-511	171	61	of	of	ADP
fbem-511	171	62	return	return	NOUN
fbem-511	171	63	on	on	ADP
fbem-511	171	64	investment	investment	NOUN
fbem-511	171	65	and	and	CCONJ
fbem-511	171	66	long	long	ADJ
fbem-511	171	67	-	-	PUNCT
fbem-511	171	68	term	term	NOUN
fbem-511	171	69	expectation	expectation	NOUN
fbem-511	171	70	of	of	ADP
fbem-511	171	71	rmb	rmb	NOUN
fbem-511	171	72	appreciation	appreciation	NOUN
fbem-511	171	73	.	.	PUNCT
fbem-511	172	1	in	in	ADP
fbem-511	172	2	addition	addition	NOUN
fbem-511	172	3	,	,	PUNCT
fbem-511	172	4	the	the	DET
fbem-511	172	5	strong	strong	ADJ
fbem-511	172	6	performance	performance	NOUN
fbem-511	172	7	of	of	ADP
fbem-511	172	8	china	china	PROPN
fbem-511	172	9	's	's	PART
fbem-511	172	10	economy	economy	NOUN
fbem-511	172	11	after	after	ADP
fbem-511	172	12	the	the	DET
fbem-511	172	13	outbreak	outbreak	NOUN
fbem-511	172	14	of	of	ADP
fbem-511	172	15	the	the	DET
fbem-511	172	16	global	global	ADJ
fbem-511	172	17	financial	financial	ADJ
fbem-511	172	18	crisis	crisis	NOUN
fbem-511	172	19	also	also	ADV
fbem-511	172	20	makes	make	VERB
fbem-511	172	21	china	china	PROPN
fbem-511	172	22	the	the	DET
fbem-511	172	23	main	main	ADJ
fbem-511	172	24	target	target	NOUN
fbem-511	172	25	of	of	ADP
fbem-511	172	26	liquidity	liquidity	NOUN
fbem-511	172	27	created	create	VERB
fbem-511	172	28	by	by	ADP
fbem-511	172	29	the	the	DET
fbem-511	172	30	fed	fed	PROPN
fbem-511	172	31	's	's	PART
fbem-511	172	32	quantitative	quantitative	ADJ
fbem-511	172	33	easing	ease	VERB
fbem-511	172	34	monetary	monetary	ADJ
fbem-511	172	35	policy	policy	NOUN
fbem-511	172	36	.	.	PUNCT
fbem-511	173	1	although	although	SCONJ
fbem-511	173	2	china	china	PROPN
fbem-511	173	3	's	's	PART
fbem-511	173	4	capital	capital	NOUN
fbem-511	173	5	account	account	NOUN
fbem-511	173	6	has	have	AUX
fbem-511	173	7	not	not	PART
fbem-511	173	8	been	be	AUX
fbem-511	173	9	fully	fully	ADV
fbem-511	173	10	opened	open	VERB
fbem-511	173	11	,	,	PUNCT
fbem-511	173	12	and	and	CCONJ
fbem-511	173	13	hot	hot	ADJ
fbem-511	173	14	money	money	NOUN
fbem-511	173	15	can	can	AUX
fbem-511	173	16	not	not	PART
fbem-511	173	17	come	come	VERB
fbem-511	173	18	in	in	ADV
fbem-511	173	19	and	and	CCONJ
fbem-511	173	20	out	out	ADV
fbem-511	173	21	freely	freely	ADV
fbem-511	173	22	,	,	PUNCT
fbem-511	173	23	it	it	PRON
fbem-511	173	24	will	will	AUX
fbem-511	173	25	still	still	ADV
fbem-511	173	26	flow	flow	VERB
fbem-511	173	27	in	in	ADP
fbem-511	173	28	through	through	ADP
fbem-511	173	29	various	various	ADJ
fbem-511	173	30	channels	channel	NOUN
fbem-511	173	31	,	,	PUNCT
fbem-511	173	32	increasing	increase	VERB
fbem-511	173	33	the	the	DET
fbem-511	173	34	pressure	pressure	NOUN
fbem-511	173	35	of	of	ADP
fbem-511	173	36	rmb	rmb	NOUN
fbem-511	173	37	appreciation	appreciation	NOUN
fbem-511	173	38	and	and	CCONJ
fbem-511	173	39	increasing	increase	VERB
fbem-511	173	40	the	the	DET
fbem-511	173	41	turbulence	turbulence	NOUN
fbem-511	173	42	of	of	ADP
fbem-511	173	43	domestic	domestic	ADJ
fbem-511	173	44	financial	financial	ADJ
fbem-511	173	45	markets	market	NOUN
fbem-511	173	46	.	.	PUNCT
fbem-511	174	1	the	the	DET
fbem-511	174	2	quantitative	quantitative	ADJ
fbem-511	174	3	easing	ease	VERB
fbem-511	174	4	monetary	monetary	ADJ
fbem-511	174	5	policy	policy	NOUN
fbem-511	174	6	of	of	ADP
fbem-511	174	7	the	the	DET
fbem-511	174	8	federal	federal	PROPN
fbem-511	174	9	reserve	reserve	PROPN
fbem-511	174	10	not	not	PART
fbem-511	174	11	only	only	ADV
fbem-511	174	12	releases	release	VERB
fbem-511	174	13	a	a	DET
fbem-511	174	14	lot	lot	NOUN
fbem-511	174	15	of	of	ADP
fbem-511	174	16	liquidity	liquidity	NOUN
fbem-511	174	17	and	and	CCONJ
fbem-511	174	18	promotes	promote	VERB
fbem-511	174	19	the	the	DET
fbem-511	174	20	depreciation	depreciation	NOUN
fbem-511	174	21	of	of	ADP
fbem-511	174	22	the	the	DET
fbem-511	174	23	us	us	PROPN
fbem-511	174	24	dollar	dollar	NOUN
fbem-511	174	25	,	,	PUNCT
fbem-511	174	26	but	but	CCONJ
fbem-511	174	27	also	also	ADV
fbem-511	174	28	makes	make	VERB
fbem-511	174	29	the	the	DET
fbem-511	174	30	rmb	rmb	PROPN
fbem-511	174	31	exchange	exchange	NOUN
fbem-511	174	32	rate	rate	NOUN
fbem-511	174	33	face	face	VERB
fbem-511	174	34	greater	great	ADJ
fbem-511	174	35	appreciation	appreciation	NOUN
fbem-511	174	36	pressure	pressure	NOUN
fbem-511	174	37	.	.	PUNCT
fbem-511	175	1	since	since	SCONJ
fbem-511	175	2	the	the	DET
fbem-511	175	3	deterioration	deterioration	NOUN
fbem-511	175	4	of	of	ADP
fbem-511	175	5	the	the	DET
fbem-511	175	6	global	global	ADJ
fbem-511	175	7	economic	economic	ADJ
fbem-511	175	8	situation	situation	NOUN
fbem-511	175	9	has	have	AUX
fbem-511	175	10	already	already	ADV
fbem-511	175	11	reduced	reduce	VERB
fbem-511	175	12	foreign	foreign	ADJ
fbem-511	175	13	demand	demand	NOUN
fbem-511	175	14	for	for	ADP
fbem-511	175	15	chinese	chinese	ADJ
fbem-511	175	16	products	product	NOUN
fbem-511	175	17	after	after	ADP
fbem-511	175	18	the	the	DET
fbem-511	175	19	outbreak	outbreak	NOUN
fbem-511	175	20	of	of	ADP
fbem-511	175	21	the	the	DET
fbem-511	175	22	global	global	ADJ
fbem-511	175	23	financial	financial	ADJ
fbem-511	175	24	crisis	crisis	NOUN
fbem-511	175	25	,	,	PUNCT
fbem-511	175	26	the	the	DET
fbem-511	175	27	sharp	sharp	ADJ
fbem-511	175	28	appreciation	appreciation	NOUN
fbem-511	175	29	of	of	ADP
fbem-511	175	30	the	the	DET
fbem-511	175	31	rmb	rmb	NOUN
fbem-511	175	32	will	will	AUX
fbem-511	175	33	further	far	ADV
fbem-511	175	34	reduce	reduce	VERB
fbem-511	175	35	china	china	PROPN
fbem-511	175	36	's	's	PART
fbem-511	175	37	export	export	NOUN
fbem-511	175	38	trade	trade	NOUN
fbem-511	175	39	and	and	CCONJ
fbem-511	175	40	exacerbate	exacerbate	VERB
fbem-511	175	41	the	the	DET
fbem-511	175	42	recession	recession	NOUN
fbem-511	175	43	of	of	ADP
fbem-511	175	44	china	china	PROPN
fbem-511	175	45	's	's	PART
fbem-511	175	46	foreign	foreign	ADJ
fbem-511	175	47	trade	trade	NOUN
fbem-511	175	48	.	.	PUNCT
fbem-511	176	1	for	for	ADP
fbem-511	176	2	china	china	PROPN
fbem-511	176	3	,	,	PUNCT
fbem-511	176	4	whose	whose	DET
fbem-511	176	5	dependence	dependence	NOUN
fbem-511	176	6	on	on	ADP
fbem-511	176	7	foreign	foreign	ADJ
fbem-511	176	8	trade	trade	NOUN
fbem-511	176	9	is	be	AUX
fbem-511	176	10	as	as	ADV
fbem-511	176	11	high	high	ADJ
fbem-511	176	12	as	as	ADP
fbem-511	176	13	60	60	NUM
fbem-511	176	14	%	%	NOUN
fbem-511	176	15	,	,	PUNCT
fbem-511	176	16	the	the	DET
fbem-511	176	17	reduction	reduction	NOUN
fbem-511	176	18	of	of	ADP
fbem-511	176	19	foreign	foreign	ADJ
fbem-511	176	20	trade	trade	NOUN
fbem-511	176	21	will	will	AUX
fbem-511	176	22	have	have	VERB
fbem-511	176	23	a	a	DET
fbem-511	176	24	great	great	ADJ
fbem-511	176	25	negative	negative	ADJ
fbem-511	176	26	impact	impact	NOUN
fbem-511	176	27	on	on	ADP
fbem-511	176	28	economic	economic	ADJ
fbem-511	176	29	development	development	NOUN
fbem-511	176	30	.	.	PUNCT
fbem-511	177	1	105	105	NUM
fbem-511	177	2	figure	figure	NOUN
fbem-511	177	3	2	2	NUM
fbem-511	177	4	.	.	PUNCT
fbem-511	177	5	data	datum	NOUN
fbem-511	177	6	source	source	NOUN
fbem-511	177	7	:	:	PUNCT
fbem-511	177	8	world	world	PROPN
fbem-511	177	9	bank	bank	PROPN
fbem-511	177	10	3.3	3.3	NUM
fbem-511	177	11	.	.	PUNCT
fbem-511	178	1	leading	lead	VERB
fbem-511	178	2	to	to	ADP
fbem-511	178	3	a	a	DET
fbem-511	178	4	sharp	sharp	ADJ
fbem-511	178	5	decline	decline	NOUN
fbem-511	178	6	in	in	ADP
fbem-511	178	7	china	china	PROPN
fbem-511	178	8	's	's	PART
fbem-511	178	9	foreign	foreign	ADJ
fbem-511	178	10	exchange	exchange	NOUN
fbem-511	178	11	reserves	reserve	NOUN
fbem-511	178	12	as	as	ADP
fbem-511	178	13	the	the	DET
fbem-511	178	14	quantitative	quantitative	ADJ
fbem-511	178	15	easing	ease	VERB
fbem-511	178	16	monetary	monetary	ADJ
fbem-511	178	17	policy	policy	NOUN
fbem-511	178	18	implemented	implement	VERB
fbem-511	178	19	by	by	ADP
fbem-511	178	20	the	the	DET
fbem-511	178	21	federal	federal	PROPN
fbem-511	178	22	reserve	reserve	PROPN
fbem-511	178	23	will	will	AUX
fbem-511	178	24	cause	cause	VERB
fbem-511	178	25	the	the	DET
fbem-511	178	26	sharp	sharp	ADJ
fbem-511	178	27	depreciation	depreciation	NOUN
fbem-511	178	28	of	of	ADP
fbem-511	178	29	the	the	DET
fbem-511	178	30	us	us	PROPN
fbem-511	178	31	dollar	dollar	NOUN
fbem-511	178	32	,	,	PUNCT
fbem-511	178	33	china	china	PROPN
fbem-511	178	34	,	,	PUNCT
fbem-511	178	35	as	as	ADP
fbem-511	178	36	the	the	DET
fbem-511	178	37	largest	large	ADJ
fbem-511	178	38	creditor	creditor	NOUN
fbem-511	178	39	of	of	ADP
fbem-511	178	40	the	the	DET
fbem-511	178	41	united	united	PROPN
fbem-511	178	42	states	states	PROPN
fbem-511	178	43	,	,	PUNCT
fbem-511	178	44	accounts	account	VERB
fbem-511	178	45	for	for	ADP
fbem-511	178	46	65	65	NUM
fbem-511	178	47	%	%	NOUN
fbem-511	178	48	of	of	ADP
fbem-511	178	49	china	china	PROPN
fbem-511	178	50	's	's	PART
fbem-511	178	51	us	we	PRON
fbem-511	178	52	$	$	SYM
fbem-511	178	53	3.2	3.2	NUM
fbem-511	178	54	trillion	trillion	NUM
fbem-511	178	55	foreign	foreign	ADJ
fbem-511	178	56	exchange	exchange	NOUN
fbem-511	178	57	reserves	reserve	NOUN
fbem-511	178	58	.	.	PUNCT
fbem-511	179	1	the	the	DET
fbem-511	179	2	sharp	sharp	ADJ
fbem-511	179	3	depreciation	depreciation	NOUN
fbem-511	179	4	of	of	ADP
fbem-511	179	5	the	the	DET
fbem-511	179	6	us	us	PROPN
fbem-511	179	7	dollar	dollar	NOUN
fbem-511	179	8	is	be	AUX
fbem-511	179	9	bound	bind	VERB
fbem-511	179	10	to	to	PART
fbem-511	179	11	lead	lead	VERB
fbem-511	179	12	to	to	ADP
fbem-511	179	13	the	the	DET
fbem-511	179	14	serious	serious	ADJ
fbem-511	179	15	shrinkage	shrinkage	NOUN
fbem-511	179	16	of	of	ADP
fbem-511	179	17	china	china	PROPN
fbem-511	179	18	's	's	PART
fbem-511	179	19	foreign	foreign	ADJ
fbem-511	179	20	exchange	exchange	NOUN
fbem-511	179	21	reserves	reserve	NOUN
fbem-511	179	22	for	for	ADP
fbem-511	179	23	a	a	DET
fbem-511	179	24	period	period	NOUN
fbem-511	179	25	of	of	ADP
fbem-511	179	26	time	time	NOUN
fbem-511	179	27	.	.	PUNCT
fbem-511	180	1	since	since	SCONJ
fbem-511	180	2	the	the	DET
fbem-511	180	3	bond	bond	NOUN
fbem-511	180	4	price	price	NOUN
fbem-511	180	5	is	be	AUX
fbem-511	180	6	inversely	inversely	ADV
fbem-511	180	7	proportional	proportional	ADJ
fbem-511	180	8	to	to	ADP
fbem-511	180	9	the	the	DET
fbem-511	180	10	yield	yield	NOUN
fbem-511	180	11	,	,	PUNCT
fbem-511	180	12	the	the	DET
fbem-511	180	13	implementation	implementation	NOUN
fbem-511	180	14	of	of	ADP
fbem-511	180	15	the	the	DET
fbem-511	180	16	policy	policy	NOUN
fbem-511	180	17	will	will	AUX
fbem-511	180	18	significantly	significantly	ADV
fbem-511	180	19	reduce	reduce	VERB
fbem-511	180	20	the	the	DET
fbem-511	180	21	yield	yield	NOUN
fbem-511	180	22	of	of	ADP
fbem-511	180	23	us	us	PROPN
fbem-511	180	24	treasury	treasury	NOUN
fbem-511	180	25	bonds	bond	NOUN
fbem-511	180	26	,	,	PUNCT
fbem-511	180	27	and	and	CCONJ
fbem-511	180	28	the	the	DET
fbem-511	180	29	record	record	ADJ
fbem-511	180	30	low	low	ADJ
fbem-511	180	31	yield	yield	NOUN
fbem-511	180	32	of	of	ADP
fbem-511	180	33	us	us	PROPN
fbem-511	180	34	treasury	treasury	PROPN
fbem-511	180	35	bonds	bond	NOUN
fbem-511	180	36	will	will	AUX
fbem-511	180	37	put	put	VERB
fbem-511	180	38	great	great	ADJ
fbem-511	180	39	pressure	pressure	NOUN
fbem-511	180	40	on	on	ADP
fbem-511	180	41	china	china	PROPN
fbem-511	180	42	's	's	PART
fbem-511	180	43	foreign	foreign	PROPN
fbem-511	180	44	exchange	exchange	PROPN
fbem-511	180	45	reserve	reserve	PROPN
fbem-511	180	46	management	management	NOUN
fbem-511	180	47	,	,	PUNCT
fbem-511	180	48	as	as	ADP
fbem-511	180	49	the	the	DET
fbem-511	180	50	largest	large	ADJ
fbem-511	180	51	creditor	creditor	NOUN
fbem-511	180	52	of	of	ADP
fbem-511	180	53	the	the	DET
fbem-511	180	54	united	united	PROPN
fbem-511	180	55	states	states	PROPN
fbem-511	180	56	.	.	PUNCT
fbem-511	181	1	the	the	DET
fbem-511	181	2	yield	yield	NOUN
fbem-511	181	3	of	of	ADP
fbem-511	181	4	newly	newly	ADV
fbem-511	181	5	purchased	purchase	VERB
fbem-511	181	6	treasury	treasury	NOUN
fbem-511	181	7	bonds	bond	NOUN
fbem-511	181	8	is	be	AUX
fbem-511	181	9	quite	quite	ADV
fbem-511	181	10	low	low	ADJ
fbem-511	181	11	,	,	PUNCT
fbem-511	181	12	while	while	SCONJ
fbem-511	181	13	the	the	DET
fbem-511	181	14	risk	risk	NOUN
fbem-511	181	15	of	of	ADP
fbem-511	181	16	longterm	longterm	ADJ
fbem-511	181	17	treasury	treasury	NOUN
fbem-511	181	18	bonds	bond	NOUN
fbem-511	181	19	is	be	AUX
fbem-511	181	20	relatively	relatively	ADV
fbem-511	181	21	high	high	ADJ
fbem-511	181	22	,	,	PUNCT
fbem-511	181	23	and	and	CCONJ
fbem-511	181	24	the	the	DET
fbem-511	181	25	price	price	NOUN
fbem-511	181	26	will	will	AUX
fbem-511	181	27	be	be	AUX
fbem-511	181	28	more	more	ADV
fbem-511	181	29	sensitive	sensitive	ADJ
fbem-511	181	30	to	to	ADP
fbem-511	181	31	the	the	DET
fbem-511	181	32	impact	impact	NOUN
fbem-511	181	33	of	of	ADP
fbem-511	181	34	interest	interest	NOUN
fbem-511	181	35	rate	rate	NOUN
fbem-511	181	36	fluctuations	fluctuation	NOUN
fbem-511	181	37	.	.	PUNCT
fbem-511	182	1	3.4	3.4	NUM
fbem-511	182	2	.	.	PUNCT
fbem-511	182	3	squeeze	squeeze	VERB
fbem-511	182	4	the	the	DET
fbem-511	182	5	space	space	NOUN
fbem-511	182	6	of	of	ADP
fbem-511	182	7	china	china	PROPN
fbem-511	182	8	's	's	PART
fbem-511	182	9	monetary	monetary	ADJ
fbem-511	182	10	policy	policy	NOUN
fbem-511	182	11	the	the	DET
fbem-511	182	12	implementation	implementation	NOUN
fbem-511	182	13	of	of	ADP
fbem-511	182	14	quantitative	quantitative	ADJ
fbem-511	182	15	easing	ease	VERB
fbem-511	182	16	monetary	monetary	ADJ
fbem-511	182	17	policy	policy	NOUN
fbem-511	182	18	will	will	AUX
fbem-511	182	19	accelerate	accelerate	VERB
fbem-511	182	20	the	the	DET
fbem-511	182	21	influx	influx	NOUN
fbem-511	182	22	of	of	ADP
fbem-511	182	23	hot	hot	ADJ
fbem-511	182	24	money	money	NOUN
fbem-511	182	25	into	into	ADP
fbem-511	182	26	china	china	PROPN
fbem-511	182	27	,	,	PUNCT
fbem-511	182	28	and	and	CCONJ
fbem-511	182	29	push	push	VERB
fbem-511	182	30	up	up	ADP
fbem-511	182	31	china	china	PROPN
fbem-511	182	32	's	's	PART
fbem-511	182	33	stock	stock	NOUN
fbem-511	182	34	market	market	NOUN
fbem-511	182	35	,	,	PUNCT
fbem-511	182	36	property	property	NOUN
fbem-511	182	37	market	market	NOUN
fbem-511	182	38	and	and	CCONJ
fbem-511	182	39	other	other	ADJ
fbem-511	182	40	asset	asset	NOUN
fbem-511	182	41	prices	price	NOUN
fbem-511	182	42	,	,	PUNCT
fbem-511	182	43	which	which	PRON
fbem-511	182	44	will	will	AUX
fbem-511	182	45	eventually	eventually	ADV
fbem-511	182	46	lead	lead	VERB
fbem-511	182	47	to	to	ADP
fbem-511	182	48	huge	huge	ADJ
fbem-511	182	49	foam	foam	NOUN
fbem-511	182	50	risks	risk	NOUN
fbem-511	182	51	,	,	PUNCT
fbem-511	182	52	especially	especially	ADV
fbem-511	182	53	china	china	PROPN
fbem-511	182	54	's	's	PART
fbem-511	182	55	inflation	inflation	NOUN
fbem-511	182	56	control	control	NOUN
fbem-511	182	57	.	.	PUNCT
fbem-511	183	1	when	when	SCONJ
fbem-511	183	2	china	china	PROPN
fbem-511	183	3	's	's	PART
fbem-511	183	4	capital	capital	NOUN
fbem-511	183	5	account	account	NOUN
fbem-511	183	6	has	have	AUX
fbem-511	183	7	not	not	PART
fbem-511	183	8	been	be	AUX
fbem-511	183	9	fully	fully	ADV
fbem-511	183	10	opened	open	VERB
fbem-511	183	11	,	,	PUNCT
fbem-511	183	12	the	the	DET
fbem-511	183	13	influx	influx	NOUN
fbem-511	183	14	of	of	ADP
fbem-511	183	15	hot	hot	ADJ
fbem-511	183	16	money	money	NOUN
fbem-511	183	17	will	will	AUX
fbem-511	183	18	increase	increase	VERB
fbem-511	183	19	the	the	DET
fbem-511	183	20	expectation	expectation	NOUN
fbem-511	183	21	of	of	ADP
fbem-511	183	22	rmb	rmb	NOUN
fbem-511	183	23	appreciation	appreciation	NOUN
fbem-511	183	24	.	.	PUNCT
fbem-511	184	1	in	in	ADP
fbem-511	184	2	order	order	NOUN
fbem-511	184	3	to	to	PART
fbem-511	184	4	maintain	maintain	VERB
fbem-511	184	5	the	the	DET
fbem-511	184	6	stability	stability	NOUN
fbem-511	184	7	of	of	ADP
fbem-511	184	8	the	the	DET
fbem-511	184	9	exchange	exchange	NOUN
fbem-511	184	10	rate	rate	NOUN
fbem-511	184	11	,	,	PUNCT
fbem-511	184	12	the	the	DET
fbem-511	184	13	central	central	ADJ
fbem-511	184	14	bank	bank	NOUN
fbem-511	184	15	is	be	AUX
fbem-511	184	16	forced	force	VERB
fbem-511	184	17	to	to	PART
fbem-511	184	18	absorb	absorb	VERB
fbem-511	184	19	foreign	foreign	ADJ
fbem-511	184	20	exchange	exchange	NOUN
fbem-511	184	21	,	,	PUNCT
fbem-511	184	22	resulting	result	VERB
fbem-511	184	23	in	in	ADP
fbem-511	184	24	a	a	DET
fbem-511	184	25	sharp	sharp	ADJ
fbem-511	184	26	increase	increase	NOUN
fbem-511	184	27	in	in	ADP
fbem-511	184	28	foreign	foreign	ADJ
fbem-511	184	29	exchange	exchange	NOUN
fbem-511	184	30	reserves	reserve	NOUN
fbem-511	184	31	,	,	PUNCT
fbem-511	184	32	which	which	PRON
fbem-511	184	33	seriously	seriously	ADV
fbem-511	184	34	affects	affect	VERB
fbem-511	184	35	the	the	DET
fbem-511	184	36	operation	operation	NOUN
fbem-511	184	37	space	space	NOUN
fbem-511	184	38	and	and	CCONJ
fbem-511	184	39	implementation	implementation	NOUN
fbem-511	184	40	effect	effect	NOUN
fbem-511	184	41	of	of	ADP
fbem-511	184	42	the	the	DET
fbem-511	184	43	central	central	ADJ
fbem-511	184	44	bank	bank	NOUN
fbem-511	184	45	's	's	PART
fbem-511	184	46	monetary	monetary	ADJ
fbem-511	184	47	policy	policy	NOUN
fbem-511	184	48	and	and	CCONJ
fbem-511	184	49	restricts	restrict	VERB
fbem-511	184	50	the	the	DET
fbem-511	184	51	independence	independence	NOUN
fbem-511	184	52	of	of	ADP
fbem-511	184	53	monetary	monetary	ADJ
fbem-511	184	54	policy	policy	NOUN
fbem-511	184	55	.	.	PUNCT
fbem-511	185	1	in	in	ADP
fbem-511	185	2	the	the	DET
fbem-511	185	3	face	face	NOUN
fbem-511	185	4	of	of	ADP
fbem-511	185	5	the	the	DET
fbem-511	185	6	continuous	continuous	ADJ
fbem-511	185	7	interest	interest	NOUN
fbem-511	185	8	rate	rate	NOUN
fbem-511	185	9	reduction	reduction	NOUN
fbem-511	185	10	of	of	ADP
fbem-511	185	11	the	the	DET
fbem-511	185	12	united	united	PROPN
fbem-511	185	13	states	states	PROPN
fbem-511	185	14	and	and	CCONJ
fbem-511	185	15	the	the	DET
fbem-511	185	16	competitive	competitive	ADJ
fbem-511	185	17	depreciation	depreciation	NOUN
fbem-511	185	18	of	of	ADP
fbem-511	185	19	the	the	DET
fbem-511	185	20	us	us	PROPN
fbem-511	185	21	dollar	dollar	NOUN
fbem-511	185	22	under	under	ADP
fbem-511	185	23	the	the	DET
fbem-511	185	24	quantitative	quantitative	ADJ
fbem-511	185	25	easing	ease	VERB
fbem-511	185	26	policy	policy	NOUN
fbem-511	185	27	,	,	PUNCT
fbem-511	185	28	china	china	PROPN
fbem-511	185	29	can	can	AUX
fbem-511	185	30	only	only	ADV
fbem-511	185	31	be	be	AUX
fbem-511	185	32	forced	force	VERB
fbem-511	185	33	to	to	PART
fbem-511	185	34	adjust	adjust	VERB
fbem-511	185	35	at	at	ADP
fbem-511	185	36	the	the	DET
fbem-511	185	37	pace	pace	NOUN
fbem-511	185	38	of	of	ADP
fbem-511	185	39	the	the	DET
fbem-511	185	40	united	united	PROPN
fbem-511	185	41	states	states	PROPN
fbem-511	185	42	,	,	PUNCT
fbem-511	185	43	which	which	PRON
fbem-511	185	44	not	not	PART
fbem-511	185	45	only	only	ADV
fbem-511	185	46	increases	increase	VERB
fbem-511	185	47	the	the	DET
fbem-511	185	48	difficulty	difficulty	NOUN
fbem-511	185	49	of	of	ADP
fbem-511	185	50	macro	macro	NOUN
fbem-511	185	51	-	-	NOUN
fbem-511	185	52	control	control	NOUN
fbem-511	185	53	,	,	PUNCT
fbem-511	185	54	but	but	CCONJ
fbem-511	185	55	also	also	ADV
fbem-511	185	56	greatly	greatly	ADV
fbem-511	185	57	reduces	reduce	VERB
fbem-511	185	58	the	the	DET
fbem-511	185	59	policy	policy	NOUN
fbem-511	185	60	choice	choice	NOUN
fbem-511	185	61	space	space	NOUN
fbem-511	185	62	of	of	ADP
fbem-511	185	63	the	the	DET
fbem-511	185	64	chinese	chinese	ADJ
fbem-511	185	65	government	government	NOUN
fbem-511	185	66	.	.	PUNCT
fbem-511	186	1	4	4	X
fbem-511	186	2	.	.	X
fbem-511	186	3	china	china	PROPN
fbem-511	186	4	's	's	PART
fbem-511	186	5	countermeasures	countermeasure	NOUN
fbem-511	186	6	4.1	4.1	NUM
fbem-511	186	7	.	.	PUNCT
fbem-511	187	1	timely	timely	ADJ
fbem-511	187	2	adjustment	adjustment	NOUN
fbem-511	187	3	of	of	ADP
fbem-511	187	4	monetary	monetary	ADJ
fbem-511	187	5	policy	policy	NOUN
fbem-511	187	6	during	during	ADP
fbem-511	187	7	the	the	DET
fbem-511	187	8	global	global	ADJ
fbem-511	187	9	financial	financial	ADJ
fbem-511	187	10	crisis	crisis	NOUN
fbem-511	187	11	,	,	PUNCT
fbem-511	187	12	china	china	PROPN
fbem-511	187	13	adopted	adopt	VERB
fbem-511	187	14	a	a	DET
fbem-511	187	15	largescale	largescale	NOUN
fbem-511	187	16	active	active	ADJ
fbem-511	187	17	fiscal	fiscal	ADJ
fbem-511	187	18	and	and	CCONJ
fbem-511	187	19	monetary	monetary	ADJ
fbem-511	187	20	policy	policy	NOUN
fbem-511	187	21	to	to	PART
fbem-511	187	22	stimulate	stimulate	VERB
fbem-511	187	23	economic	economic	ADJ
fbem-511	187	24	growth	growth	NOUN
fbem-511	187	25	,	,	PUNCT
fbem-511	187	26	achieved	achieve	VERB
fbem-511	187	27	good	good	ADJ
fbem-511	187	28	results	result	NOUN
fbem-511	187	29	and	and	CCONJ
fbem-511	187	30	maintained	maintain	VERB
fbem-511	187	31	rapid	rapid	ADJ
fbem-511	187	32	economic	economic	ADJ
fbem-511	187	33	growth	growth	NOUN
fbem-511	187	34	.	.	PUNCT
fbem-511	188	1	however	however	ADV
fbem-511	188	2	,	,	PUNCT
fbem-511	188	3	with	with	ADP
fbem-511	188	4	the	the	DET
fbem-511	188	5	recovery	recovery	NOUN
fbem-511	188	6	of	of	ADP
fbem-511	188	7	the	the	DET
fbem-511	188	8	global	global	ADJ
fbem-511	188	9	economy	economy	NOUN
fbem-511	188	10	and	and	CCONJ
fbem-511	188	11	the	the	DET
fbem-511	188	12	implementation	implementation	NOUN
fbem-511	188	13	of	of	ADP
fbem-511	188	14	the	the	DET
fbem-511	188	15	us	us	PROPN
fbem-511	188	16	quantitative	quantitative	ADJ
fbem-511	188	17	easing	ease	VERB
fbem-511	188	18	monetary	monetary	ADJ
fbem-511	188	19	policy	policy	NOUN
fbem-511	188	20	,	,	PUNCT
fbem-511	188	21	china	china	PROPN
fbem-511	188	22	began	begin	VERB
fbem-511	188	23	to	to	PART
fbem-511	188	24	face	face	VERB
fbem-511	188	25	greater	great	ADJ
fbem-511	188	26	inflationary	inflationary	ADJ
fbem-511	188	27	pressure	pressure	NOUN
fbem-511	188	28	.	.	PUNCT
fbem-511	189	1	in	in	ADP
fbem-511	189	2	2011	2011	NUM
fbem-511	189	3	,	,	PUNCT
fbem-511	189	4	china	china	PROPN
fbem-511	189	5	's	's	PART
fbem-511	189	6	prices	price	NOUN
fbem-511	189	7	soared	soar	VERB
fbem-511	189	8	and	and	CCONJ
fbem-511	189	9	inflationary	inflationary	ADJ
fbem-511	189	10	pressure	pressure	NOUN
fbem-511	189	11	increased	increase	VERB
fbem-511	189	12	.	.	PUNCT
fbem-511	190	1	the	the	DET
fbem-511	190	2	people	people	NOUN
fbem-511	190	3	's	's	PART
fbem-511	190	4	bank	bank	PROPN
fbem-511	190	5	of	of	ADP
fbem-511	190	6	china	china	PROPN
fbem-511	190	7	timely	timely	ADV
fbem-511	190	8	sent	send	VERB
fbem-511	190	9	a	a	DET
fbem-511	190	10	"	"	PUNCT
fbem-511	190	11	tightening	tightening	ADJ
fbem-511	190	12	"	"	PUNCT
fbem-511	190	13	signal	signal	NOUN
fbem-511	190	14	,	,	PUNCT
fbem-511	190	15	and	and	CCONJ
fbem-511	190	16	macroeconomic	macroeconomic	ADJ
fbem-511	190	17	policy	policy	NOUN
fbem-511	190	18	began	begin	VERB
fbem-511	190	19	to	to	PART
fbem-511	190	20	shift	shift	VERB
fbem-511	190	21	from	from	ADP
fbem-511	190	22	moderately	moderately	ADV
fbem-511	190	23	loose	loose	ADJ
fbem-511	190	24	monetary	monetary	ADJ
fbem-511	190	25	policy	policy	NOUN
fbem-511	190	26	to	to	ADP
fbem-511	190	27	prudent	prudent	ADJ
fbem-511	190	28	monetary	monetary	ADJ
fbem-511	190	29	policy	policy	NOUN
fbem-511	190	30	.	.	PUNCT
fbem-511	191	1	as	as	ADP
fbem-511	191	2	of	of	ADP
fbem-511	191	3	july	july	PROPN
fbem-511	191	4	2011	2011	NUM
fbem-511	191	5	,	,	PUNCT
fbem-511	191	6	the	the	DET
fbem-511	191	7	people	people	NOUN
fbem-511	191	8	's	's	PART
fbem-511	191	9	bank	bank	PROPN
fbem-511	191	10	of	of	ADP
fbem-511	191	11	china	china	PROPN
fbem-511	191	12	has	have	AUX
fbem-511	191	13	raised	raise	VERB
fbem-511	191	14	the	the	DET
fbem-511	191	15	benchmark	benchmark	ADJ
fbem-511	191	16	interest	interest	NOUN
fbem-511	191	17	rate	rate	NOUN
fbem-511	191	18	of	of	ADP
fbem-511	191	19	rmb	rmb	NOUN
fbem-511	191	20	deposits	deposit	NOUN
fbem-511	191	21	and	and	CCONJ
fbem-511	191	22	loans	loan	NOUN
fbem-511	191	23	three	three	NUM
fbem-511	191	24	times	time	NOUN
fbem-511	191	25	and	and	CCONJ
fbem-511	191	26	the	the	DET
fbem-511	191	27	deposit	deposit	NOUN
fbem-511	191	28	reserve	reserve	PROPN
fbem-511	191	29	ratio	ratio	PROPN
fbem-511	191	30	six	six	NUM
fbem-511	191	31	times	time	NOUN
fbem-511	191	32	to	to	PART
fbem-511	191	33	control	control	VERB
fbem-511	191	34	the	the	DET
fbem-511	191	35	overheating	overheating	NOUN
fbem-511	191	36	of	of	ADP
fbem-511	191	37	the	the	DET
fbem-511	191	38	economy	economy	NOUN
fbem-511	191	39	and	and	CCONJ
fbem-511	191	40	the	the	DET
fbem-511	191	41	continuous	continuous	ADJ
fbem-511	191	42	rise	rise	NOUN
fbem-511	191	43	of	of	ADP
fbem-511	191	44	prices	price	NOUN
fbem-511	191	45	.	.	PUNCT
fbem-511	192	1	a	a	DET
fbem-511	192	2	prudent	prudent	ADJ
fbem-511	192	3	monetary	monetary	ADJ
fbem-511	192	4	policy	policy	NOUN
fbem-511	192	5	with	with	ADP
fbem-511	192	6	strong	strong	ADJ
fbem-511	192	7	flexibility	flexibility	NOUN
fbem-511	192	8	will	will	AUX
fbem-511	192	9	help	help	VERB
fbem-511	192	10	to	to	PART
fbem-511	192	11	more	more	ADV
fbem-511	192	12	actively	actively	ADV
fbem-511	192	13	and	and	CCONJ
fbem-511	192	14	properly	properly	ADV
fbem-511	192	15	handle	handle	VERB
fbem-511	192	16	the	the	DET
fbem-511	192	17	relationship	relationship	NOUN
fbem-511	192	18	between	between	ADP
fbem-511	192	19	steady	steady	ADJ
fbem-511	192	20	growth	growth	NOUN
fbem-511	192	21	,	,	PUNCT
fbem-511	192	22	structural	structural	ADJ
fbem-511	192	23	adjustment	adjustment	NOUN
fbem-511	192	24	and	and	CCONJ
fbem-511	192	25	anti	anti	ADJ
fbem-511	192	26	inflation	inflation	NOUN
fbem-511	192	27	.	.	PUNCT
fbem-511	193	1	it	it	PRON
fbem-511	193	2	is	be	AUX
fbem-511	193	3	an	an	DET
fbem-511	193	4	inevitable	inevitable	ADJ
fbem-511	193	5	choice	choice	NOUN
fbem-511	193	6	for	for	ADP
fbem-511	193	7	china	china	PROPN
fbem-511	193	8	in	in	ADP
fbem-511	193	9	the	the	DET
fbem-511	193	10	current	current	ADJ
fbem-511	193	11	domestic	domestic	ADJ
fbem-511	193	12	environment	environment	NOUN
fbem-511	193	13	.	.	PUNCT
fbem-511	194	1	it	it	PRON
fbem-511	194	2	will	will	AUX
fbem-511	194	3	not	not	PART
fbem-511	194	4	only	only	ADV
fbem-511	194	5	help	help	VERB
fbem-511	194	6	to	to	PART
fbem-511	194	7	strengthen	strengthen	VERB
fbem-511	194	8	the	the	DET
fbem-511	194	9	management	management	NOUN
fbem-511	194	10	of	of	ADP
fbem-511	194	11	inflation	inflation	NOUN
fbem-511	194	12	expectations	expectation	NOUN
fbem-511	194	13	,	,	PUNCT
fbem-511	194	14	prevent	prevent	VERB
fbem-511	194	15	asset	asset	NOUN
fbem-511	194	16	price	price	NOUN
fbem-511	194	17	foam	foam	NOUN
fbem-511	194	18	,	,	PUNCT
fbem-511	194	19	but	but	CCONJ
fbem-511	194	20	also	also	ADV
fbem-511	194	21	facilitate	facilitate	VERB
fbem-511	194	22	economic	economic	ADJ
fbem-511	194	23	structural	structural	ADJ
fbem-511	194	24	adjustment	adjustment	NOUN
fbem-511	194	25	and	and	CCONJ
fbem-511	194	26	transformation	transformation	NOUN
fbem-511	194	27	of	of	ADP
fbem-511	194	28	development	development	NOUN
fbem-511	194	29	mode	mode	NOUN
fbem-511	194	30	,	,	PUNCT
fbem-511	194	31	and	and	CCONJ
fbem-511	194	32	adjust	adjust	VERB
fbem-511	194	33	the	the	DET
fbem-511	194	34	credit	credit	NOUN
fbem-511	194	35	structure	structure	NOUN
fbem-511	194	36	of	of	ADP
fbem-511	194	37	banks	bank	NOUN
fbem-511	194	38	,	,	PUNCT
fbem-511	194	39	rationally	rationally	ADV
fbem-511	194	40	guide	guide	VERB
fbem-511	194	41	investment	investment	NOUN
fbem-511	194	42	and	and	CCONJ
fbem-511	194	43	consumption	consumption	NOUN
fbem-511	194	44	behavior	behavior	NOUN
fbem-511	194	45	,	,	PUNCT
fbem-511	194	46	and	and	CCONJ
fbem-511	194	47	provide	provide	VERB
fbem-511	194	48	a	a	DET
fbem-511	194	49	stable	stable	ADJ
fbem-511	194	50	and	and	CCONJ
fbem-511	194	51	moderate	moderate	ADJ
fbem-511	194	52	monetary	monetary	ADJ
fbem-511	194	53	environment	environment	NOUN
fbem-511	194	54	for	for	ADP
fbem-511	194	55	adjusting	adjust	VERB
fbem-511	194	56	economic	economic	ADJ
fbem-511	194	57	structure	structure	NOUN
fbem-511	194	58	and	and	CCONJ
fbem-511	194	59	improving	improve	VERB
fbem-511	194	60	the	the	DET
fbem-511	194	61	efficiency	efficiency	NOUN
fbem-511	194	62	of	of	ADP
fbem-511	194	63	resource	resource	NOUN
fbem-511	194	64	allocation	allocation	NOUN
fbem-511	194	65	.	.	PUNCT
fbem-511	195	1	at	at	ADP
fbem-511	195	2	the	the	DET
fbem-511	195	3	same	same	ADJ
fbem-511	195	4	time	time	NOUN
fbem-511	195	5	,	,	PUNCT
fbem-511	195	6	a	a	DET
fbem-511	195	7	prudent	prudent	ADJ
fbem-511	195	8	monetary	monetary	ADJ
fbem-511	195	9	policy	policy	NOUN
fbem-511	195	10	is	be	AUX
fbem-511	195	11	also	also	ADV
fbem-511	195	12	conducive	conducive	ADJ
fbem-511	195	13	to	to	ADP
fbem-511	195	14	preventing	prevent	VERB
fbem-511	195	15	systemic	systemic	ADJ
fbem-511	195	16	financial	financial	ADJ
fbem-511	195	17	risks	risk	NOUN
fbem-511	195	18	and	and	CCONJ
fbem-511	195	19	guiding	guide	VERB
fbem-511	195	20	financial	financial	ADJ
fbem-511	195	21	institutions	institution	NOUN
fbem-511	195	22	to	to	PART
fbem-511	195	23	strengthen	strengthen	VERB
fbem-511	195	24	asset	asset	NOUN
fbem-511	195	25	scale	scale	NOUN
fbem-511	195	26	and	and	CCONJ
fbem-511	195	27	structural	structural	ADJ
fbem-511	195	28	adjustment	adjustment	NOUN
fbem-511	195	29	.	.	PUNCT
fbem-511	196	1	in	in	ADP
fbem-511	196	2	the	the	DET
fbem-511	196	3	face	face	NOUN
fbem-511	196	4	of	of	ADP
fbem-511	196	5	the	the	DET
fbem-511	196	6	changing	change	VERB
fbem-511	196	7	domestic	domestic	ADJ
fbem-511	196	8	and	and	CCONJ
fbem-511	196	9	international	international	ADJ
fbem-511	196	10	economic	economic	ADJ
fbem-511	196	11	environment	environment	NOUN
fbem-511	196	12	,	,	PUNCT
fbem-511	196	13	china	china	PROPN
fbem-511	196	14	should	should	AUX
fbem-511	196	15	timely	timely	ADV
fbem-511	196	16	adjust	adjust	VERB
fbem-511	196	17	the	the	DET
fbem-511	196	18	strength	strength	NOUN
fbem-511	196	19	of	of	ADP
fbem-511	196	20	monetary	monetary	ADJ
fbem-511	196	21	policy	policy	NOUN
fbem-511	196	22	according	accord	VERB
fbem-511	196	23	to	to	ADP
fbem-511	196	24	the	the	DET
fbem-511	196	25	actual	actual	ADJ
fbem-511	196	26	situation	situation	NOUN
fbem-511	196	27	,	,	PUNCT
fbem-511	196	28	enhance	enhance	VERB
fbem-511	196	29	the	the	DET
fbem-511	196	30	flexibility	flexibility	NOUN
fbem-511	196	31	of	of	ADP
fbem-511	196	32	monetary	monetary	ADJ
fbem-511	196	33	policy	policy	NOUN
fbem-511	196	34	and	and	CCONJ
fbem-511	196	35	ensure	ensure	VERB
fbem-511	196	36	that	that	SCONJ
fbem-511	196	37	it	it	PRON
fbem-511	196	38	is	be	AUX
fbem-511	196	39	compatible	compatible	ADJ
fbem-511	196	40	with	with	ADP
fbem-511	196	41	its	its	PRON
fbem-511	196	42	own	own	ADJ
fbem-511	196	43	economic	economic	ADJ
fbem-511	196	44	situation	situation	NOUN
fbem-511	196	45	.	.	PUNCT
fbem-511	197	1	106	106	NUM
fbem-511	197	2	4.2	4.2	NUM
fbem-511	197	3	.	.	PUNCT
fbem-511	198	1	strengthen	strengthen	VERB
fbem-511	198	2	the	the	DET
fbem-511	198	3	control	control	NOUN
fbem-511	198	4	of	of	ADP
fbem-511	198	5	capital	capital	NOUN
fbem-511	198	6	inflow	inflow	NOUN
fbem-511	198	7	and	and	CCONJ
fbem-511	198	8	curb	curb	VERB
fbem-511	198	9	the	the	DET
fbem-511	198	10	influx	influx	NOUN
fbem-511	198	11	of	of	ADP
fbem-511	198	12	international	international	ADJ
fbem-511	198	13	hot	hot	ADJ
fbem-511	198	14	money	money	NOUN
fbem-511	198	15	into	into	ADP
fbem-511	198	16	china	china	PROPN
fbem-511	198	17	international	international	ADJ
fbem-511	198	18	hot	hot	ADJ
fbem-511	198	19	money	money	NOUN
fbem-511	198	20	has	have	VERB
fbem-511	198	21	the	the	DET
fbem-511	198	22	characteristics	characteristic	NOUN
fbem-511	198	23	of	of	ADP
fbem-511	198	24	strong	strong	ADJ
fbem-511	198	25	liquidity	liquidity	NOUN
fbem-511	198	26	,	,	PUNCT
fbem-511	198	27	strong	strong	ADJ
fbem-511	198	28	profit	profit	NOUN
fbem-511	198	29	seeking	seeking	NOUN
fbem-511	198	30	and	and	CCONJ
fbem-511	198	31	short	short	ADJ
fbem-511	198	32	term	term	NOUN
fbem-511	198	33	.	.	PUNCT
fbem-511	199	1	when	when	SCONJ
fbem-511	199	2	the	the	DET
fbem-511	199	3	capital	capital	NOUN
fbem-511	199	4	account	account	NOUN
fbem-511	199	5	control	control	NOUN
fbem-511	199	6	is	be	AUX
fbem-511	199	7	loose	loose	ADJ
fbem-511	199	8	,	,	PUNCT
fbem-511	199	9	its	its	PRON
fbem-511	199	10	massive	massive	ADJ
fbem-511	199	11	influx	influx	NOUN
fbem-511	199	12	is	be	AUX
fbem-511	199	13	easy	easy	ADJ
fbem-511	199	14	to	to	PART
fbem-511	199	15	impact	impact	VERB
fbem-511	199	16	china	china	PROPN
fbem-511	199	17	's	's	PART
fbem-511	199	18	capital	capital	NOUN
fbem-511	199	19	market	market	NOUN
fbem-511	199	20	.	.	PUNCT
fbem-511	200	1	there	there	PRON
fbem-511	200	2	is	be	VERB
fbem-511	200	3	no	no	DET
fbem-511	200	4	doubt	doubt	NOUN
fbem-511	200	5	that	that	SCONJ
fbem-511	200	6	china	china	PROPN
fbem-511	200	7	's	's	PART
fbem-511	200	8	political	political	ADJ
fbem-511	200	9	and	and	CCONJ
fbem-511	200	10	social	social	ADJ
fbem-511	200	11	instability	instability	NOUN
fbem-511	200	12	will	will	AUX
fbem-511	200	13	be	be	AUX
fbem-511	200	14	exacerbated	exacerbate	VERB
fbem-511	200	15	,	,	PUNCT
fbem-511	200	16	and	and	CCONJ
fbem-511	200	17	this	this	DET
fbem-511	200	18	kind	kind	NOUN
fbem-511	200	19	of	of	ADP
fbem-511	200	20	financial	financial	ADJ
fbem-511	200	21	market	market	NOUN
fbem-511	200	22	turbulence	turbulence	NOUN
fbem-511	200	23	may	may	AUX
fbem-511	200	24	even	even	ADV
fbem-511	200	25	endanger	endanger	VERB
fbem-511	200	26	china	china	PROPN
fbem-511	200	27	's	's	PART
fbem-511	200	28	economic	economic	ADJ
fbem-511	200	29	and	and	CCONJ
fbem-511	200	30	social	social	ADJ
fbem-511	200	31	stability	stability	NOUN
fbem-511	200	32	.	.	PUNCT
fbem-511	201	1	the	the	DET
fbem-511	201	2	quantitative	quantitative	ADJ
fbem-511	201	3	easing	ease	VERB
fbem-511	201	4	monetary	monetary	ADJ
fbem-511	201	5	policy	policy	NOUN
fbem-511	201	6	of	of	ADP
fbem-511	201	7	the	the	DET
fbem-511	201	8	united	united	PROPN
fbem-511	201	9	states	states	PROPN
fbem-511	201	10	will	will	AUX
fbem-511	201	11	make	make	VERB
fbem-511	201	12	china	china	PROPN
fbem-511	201	13	face	face	VERB
fbem-511	201	14	huge	huge	ADJ
fbem-511	201	15	capital	capital	NOUN
fbem-511	201	16	flow	flow	NOUN
fbem-511	201	17	impact	impact	NOUN
fbem-511	201	18	pressure	pressure	NOUN
fbem-511	201	19	.	.	PUNCT
fbem-511	202	1	the	the	DET
fbem-511	202	2	central	central	ADJ
fbem-511	202	3	bank	bank	PROPN
fbem-511	202	4	of	of	ADP
fbem-511	202	5	china	china	PROPN
fbem-511	202	6	should	should	AUX
fbem-511	202	7	strengthen	strengthen	VERB
fbem-511	202	8	the	the	DET
fbem-511	202	9	supervision	supervision	NOUN
fbem-511	202	10	of	of	ADP
fbem-511	202	11	cross	cross	ADJ
fbem-511	202	12	-	-	ADJ
fbem-511	202	13	border	border	ADJ
fbem-511	202	14	capital	capital	NOUN
fbem-511	202	15	flows	flow	NOUN
fbem-511	202	16	,	,	PUNCT
fbem-511	202	17	crack	crack	VERB
fbem-511	202	18	down	down	ADP
fbem-511	202	19	on	on	ADP
fbem-511	202	20	hot	hot	ADJ
fbem-511	202	21	money	money	NOUN
fbem-511	202	22	inflows	inflow	NOUN
fbem-511	202	23	and	and	CCONJ
fbem-511	202	24	limit	limit	VERB
fbem-511	202	25	short	short	ADJ
fbem-511	202	26	-	-	PUNCT
fbem-511	202	27	term	term	NOUN
fbem-511	202	28	capital	capital	NOUN
fbem-511	202	29	flows	flow	VERB
fbem-511	202	30	.	.	PUNCT
fbem-511	203	1	as	as	SCONJ
fbem-511	203	2	china	china	PROPN
fbem-511	203	3	's	's	PART
fbem-511	203	4	interest	interest	NOUN
fbem-511	203	5	rate	rate	NOUN
fbem-511	203	6	spread	spread	NOUN
fbem-511	203	7	is	be	AUX
fbem-511	203	8	now	now	ADV
fbem-511	203	9	at	at	ADP
fbem-511	203	10	an	an	DET
fbem-511	203	11	alltime	alltime	PROPN
fbem-511	203	12	high	high	NOUN
fbem-511	203	13	,	,	PUNCT
fbem-511	203	14	the	the	DET
fbem-511	203	15	economy	economy	NOUN
fbem-511	203	16	is	be	AUX
fbem-511	203	17	performing	perform	VERB
fbem-511	203	18	well	well	ADV
fbem-511	203	19	and	and	CCONJ
fbem-511	203	20	there	there	PRON
fbem-511	203	21	is	be	VERB
fbem-511	203	22	a	a	DET
fbem-511	203	23	lasting	last	VERB
fbem-511	203	24	expectation	expectation	NOUN
fbem-511	203	25	of	of	ADP
fbem-511	203	26	rmb	rmb	NOUN
fbem-511	203	27	appreciation	appreciation	NOUN
fbem-511	203	28	,	,	PUNCT
fbem-511	203	29	china	china	PROPN
fbem-511	203	30	is	be	AUX
fbem-511	203	31	likely	likely	ADJ
fbem-511	203	32	to	to	PART
fbem-511	203	33	become	become	VERB
fbem-511	203	34	the	the	DET
fbem-511	203	35	first	first	ADJ
fbem-511	203	36	choice	choice	NOUN
fbem-511	203	37	for	for	ADP
fbem-511	203	38	short	short	ADJ
fbem-511	203	39	-	-	PUNCT
fbem-511	203	40	term	term	NOUN
fbem-511	203	41	capital	capital	NOUN
fbem-511	203	42	inflows	inflow	NOUN
fbem-511	203	43	,	,	PUNCT
fbem-511	203	44	which	which	PRON
fbem-511	203	45	will	will	AUX
fbem-511	203	46	significantly	significantly	ADV
fbem-511	203	47	increase	increase	VERB
fbem-511	203	48	the	the	DET
fbem-511	203	49	difficulty	difficulty	NOUN
fbem-511	203	50	of	of	ADP
fbem-511	203	51	capital	capital	NOUN
fbem-511	203	52	control	control	NOUN
fbem-511	203	53	.	.	PUNCT
fbem-511	204	1	against	against	ADP
fbem-511	204	2	this	this	DET
fbem-511	204	3	special	special	ADJ
fbem-511	204	4	background	background	NOUN
fbem-511	204	5	,	,	PUNCT
fbem-511	204	6	in	in	ADP
fbem-511	204	7	order	order	NOUN
fbem-511	204	8	to	to	PART
fbem-511	204	9	prevent	prevent	VERB
fbem-511	204	10	the	the	DET
fbem-511	204	11	influx	influx	NOUN
fbem-511	204	12	of	of	ADP
fbem-511	204	13	international	international	ADJ
fbem-511	204	14	hot	hot	ADJ
fbem-511	204	15	money	money	NOUN
fbem-511	204	16	and	and	CCONJ
fbem-511	204	17	reduce	reduce	VERB
fbem-511	204	18	the	the	DET
fbem-511	204	19	risk	risk	NOUN
fbem-511	204	20	of	of	ADP
fbem-511	204	21	china	china	PROPN
fbem-511	204	22	's	's	PART
fbem-511	204	23	monetary	monetary	ADJ
fbem-511	204	24	policy	policy	NOUN
fbem-511	204	25	and	and	CCONJ
fbem-511	204	26	the	the	DET
fbem-511	204	27	risk	risk	NOUN
fbem-511	204	28	of	of	ADP
fbem-511	204	29	china	china	PROPN
fbem-511	204	30	's	's	PART
fbem-511	204	31	asset	asset	NOUN
fbem-511	204	32	foam	foam	NOUN
fbem-511	204	33	,	,	PUNCT
fbem-511	204	34	china	china	PROPN
fbem-511	204	35	must	must	AUX
fbem-511	204	36	fight	fight	VERB
fbem-511	204	37	the	the	DET
fbem-511	204	38	"	"	PUNCT
fbem-511	204	39	hot	hot	ADJ
fbem-511	204	40	money	money	NOUN
fbem-511	204	41	"	"	PUNCT
fbem-511	204	42	blocking	block	VERB
fbem-511	204	43	war	war	NOUN
fbem-511	204	44	and	and	CCONJ
fbem-511	204	45	establish	establish	VERB
fbem-511	204	46	the	the	DET
fbem-511	204	47	early	early	ADJ
fbem-511	204	48	-	-	PUNCT
fbem-511	204	49	warning	warning	NOUN
fbem-511	204	50	mechanism	mechanism	NOUN
fbem-511	204	51	for	for	ADP
fbem-511	204	52	hot	hot	ADJ
fbem-511	204	53	money	money	NOUN
fbem-511	204	54	inflow	inflow	NOUN
fbem-511	204	55	,	,	PUNCT
fbem-511	204	56	considering	consider	VERB
fbem-511	204	57	temporary	temporary	ADJ
fbem-511	204	58	or	or	CCONJ
fbem-511	204	59	even	even	ADV
fbem-511	204	60	unconventional	unconventional	ADJ
fbem-511	204	61	capital	capital	NOUN
fbem-511	204	62	controls	control	NOUN
fbem-511	204	63	to	to	PART
fbem-511	204	64	minimize	minimize	VERB
fbem-511	204	65	the	the	DET
fbem-511	204	66	inflow	inflow	NOUN
fbem-511	204	67	of	of	ADP
fbem-511	204	68	hot	hot	ADJ
fbem-511	204	69	money	money	NOUN
fbem-511	204	70	.	.	PUNCT
fbem-511	205	1	as	as	SCONJ
fbem-511	205	2	capital	capital	NOUN
fbem-511	205	3	account	account	NOUN
fbem-511	205	4	control	control	NOUN
fbem-511	205	5	is	be	AUX
fbem-511	205	6	a	a	DET
fbem-511	205	7	distortion	distortion	NOUN
fbem-511	205	8	of	of	ADP
fbem-511	205	9	the	the	DET
fbem-511	205	10	market	market	NOUN
fbem-511	205	11	,	,	PUNCT
fbem-511	205	12	china	china	PROPN
fbem-511	205	13	should	should	AUX
fbem-511	205	14	dynamically	dynamically	ADV
fbem-511	205	15	evaluate	evaluate	VERB
fbem-511	205	16	the	the	DET
fbem-511	205	17	development	development	NOUN
fbem-511	205	18	and	and	CCONJ
fbem-511	205	19	changes	change	NOUN
fbem-511	205	20	of	of	ADP
fbem-511	205	21	the	the	DET
fbem-511	205	22	market	market	NOUN
fbem-511	205	23	at	at	ADP
fbem-511	205	24	any	any	DET
fbem-511	205	25	time	time	NOUN
fbem-511	205	26	,	,	PUNCT
fbem-511	205	27	and	and	CCONJ
fbem-511	205	28	adjust	adjust	VERB
fbem-511	205	29	and	and	CCONJ
fbem-511	205	30	cancel	cancel	VERB
fbem-511	205	31	the	the	DET
fbem-511	205	32	control	control	NOUN
fbem-511	205	33	measures	measure	NOUN
fbem-511	205	34	in	in	ADP
fbem-511	205	35	time	time	NOUN
fbem-511	205	36	.	.	PUNCT
fbem-511	206	1	in	in	ADP
fbem-511	206	2	addition	addition	NOUN
fbem-511	206	3	,	,	PUNCT
fbem-511	206	4	china	china	PROPN
fbem-511	206	5	should	should	AUX
fbem-511	206	6	speed	speed	VERB
fbem-511	206	7	up	up	ADP
fbem-511	206	8	the	the	DET
fbem-511	206	9	development	development	NOUN
fbem-511	206	10	of	of	ADP
fbem-511	206	11	domestic	domestic	ADJ
fbem-511	206	12	financial	financial	ADJ
fbem-511	206	13	market	market	NOUN
fbem-511	206	14	and	and	CCONJ
fbem-511	206	15	increase	increase	VERB
fbem-511	206	16	the	the	DET
fbem-511	206	17	depth	depth	NOUN
fbem-511	206	18	and	and	CCONJ
fbem-511	206	19	breadth	breadth	NOUN
fbem-511	206	20	of	of	ADP
fbem-511	206	21	the	the	DET
fbem-511	206	22	market	market	NOUN
fbem-511	206	23	,	,	PUNCT
fbem-511	206	24	so	so	SCONJ
fbem-511	206	25	as	as	SCONJ
fbem-511	206	26	to	to	PART
fbem-511	206	27	strengthen	strengthen	VERB
fbem-511	206	28	its	its	PRON
fbem-511	206	29	ability	ability	NOUN
fbem-511	206	30	to	to	PART
fbem-511	206	31	resist	resist	VERB
fbem-511	206	32	external	external	ADJ
fbem-511	206	33	risks	risk	NOUN
fbem-511	206	34	.	.	PUNCT
fbem-511	207	1	the	the	DET
fbem-511	207	2	role	role	NOUN
fbem-511	207	3	of	of	ADP
fbem-511	207	4	hong	hong	PROPN
fbem-511	207	5	kong	kong	PROPN
fbem-511	207	6	as	as	ADP
fbem-511	207	7	an	an	DET
fbem-511	207	8	international	international	ADJ
fbem-511	207	9	financial	financial	ADJ
fbem-511	207	10	center	center	NOUN
fbem-511	207	11	in	in	ADP
fbem-511	207	12	resisting	resist	VERB
fbem-511	207	13	the	the	DET
fbem-511	207	14	impact	impact	NOUN
fbem-511	207	15	of	of	ADP
fbem-511	207	16	hot	hot	ADJ
fbem-511	207	17	money	money	NOUN
fbem-511	207	18	should	should	AUX
fbem-511	207	19	be	be	AUX
fbem-511	207	20	enhanced	enhance	VERB
fbem-511	207	21	.	.	PUNCT
fbem-511	208	1	as	as	SCONJ
fbem-511	208	2	hong	hong	PROPN
fbem-511	208	3	kong	kong	PROPN
fbem-511	208	4	has	have	VERB
fbem-511	208	5	a	a	DET
fbem-511	208	6	mature	mature	ADJ
fbem-511	208	7	financial	financial	ADJ
fbem-511	208	8	market	market	NOUN
fbem-511	208	9	,	,	PUNCT
fbem-511	208	10	it	it	PRON
fbem-511	208	11	can	can	AUX
fbem-511	208	12	take	take	VERB
fbem-511	208	13	strict	strict	ADJ
fbem-511	208	14	regulatory	regulatory	ADJ
fbem-511	208	15	measures	measure	NOUN
fbem-511	208	16	to	to	PART
fbem-511	208	17	increase	increase	VERB
fbem-511	208	18	the	the	DET
fbem-511	208	19	cost	cost	NOUN
fbem-511	208	20	of	of	ADP
fbem-511	208	21	hot	hot	ADJ
fbem-511	208	22	money	money	NOUN
fbem-511	208	23	speculation	speculation	NOUN
fbem-511	208	24	and	and	CCONJ
fbem-511	208	25	objectively	objectively	ADV
fbem-511	208	26	reduce	reduce	VERB
fbem-511	208	27	the	the	DET
fbem-511	208	28	impact	impact	NOUN
fbem-511	208	29	of	of	ADP
fbem-511	208	30	hot	hot	ADJ
fbem-511	208	31	money	money	NOUN
fbem-511	208	32	on	on	ADP
fbem-511	208	33	the	the	DET
fbem-511	208	34	mainland	mainland	NOUN
fbem-511	208	35	market	market	NOUN
fbem-511	208	36	.	.	PUNCT
fbem-511	209	1	4.3	4.3	NUM
fbem-511	209	2	.	.	PUNCT
fbem-511	209	3	vigorously	vigorously	ADV
fbem-511	209	4	promote	promote	VERB
fbem-511	209	5	the	the	DET
fbem-511	209	6	"	"	PUNCT
fbem-511	209	7	going	go	VERB
fbem-511	209	8	out	out	ADP
fbem-511	209	9	"	"	PUNCT
fbem-511	209	10	of	of	ADP
fbem-511	209	11	enterprises	enterprise	NOUN
fbem-511	209	12	and	and	CCONJ
fbem-511	209	13	encourage	encourage	VERB
fbem-511	209	14	enterprises	enterprise	NOUN
fbem-511	209	15	to	to	PART
fbem-511	209	16	operate	operate	VERB
fbem-511	209	17	and	and	CCONJ
fbem-511	209	18	invest	invest	VERB
fbem-511	209	19	internationally	internationally	ADV
fbem-511	209	20	as	as	ADP
fbem-511	209	21	a	a	DET
fbem-511	209	22	measure	measure	NOUN
fbem-511	209	23	corresponding	correspond	VERB
fbem-511	209	24	to	to	ADP
fbem-511	209	25	capital	capital	NOUN
fbem-511	209	26	control	control	NOUN
fbem-511	209	27	,	,	PUNCT
fbem-511	209	28	china	china	PROPN
fbem-511	209	29	should	should	AUX
fbem-511	209	30	gradually	gradually	ADV
fbem-511	209	31	relax	relax	VERB
fbem-511	209	32	the	the	DET
fbem-511	209	33	supervision	supervision	NOUN
fbem-511	209	34	of	of	ADP
fbem-511	209	35	capital	capital	NOUN
fbem-511	209	36	outflow	outflow	NOUN
fbem-511	209	37	according	accord	VERB
fbem-511	209	38	to	to	ADP
fbem-511	209	39	the	the	DET
fbem-511	209	40	needs	need	NOUN
fbem-511	209	41	of	of	ADP
fbem-511	209	42	its	its	PRON
fbem-511	209	43	own	own	ADJ
fbem-511	209	44	economic	economic	ADJ
fbem-511	209	45	and	and	CCONJ
fbem-511	209	46	social	social	ADJ
fbem-511	209	47	development	development	NOUN
fbem-511	209	48	,	,	PUNCT
fbem-511	209	49	vigorously	vigorously	ADV
fbem-511	209	50	promote	promote	VERB
fbem-511	209	51	the	the	DET
fbem-511	209	52	"	"	PUNCT
fbem-511	209	53	going	go	VERB
fbem-511	209	54	out	out	ADP
fbem-511	209	55	"	"	PUNCT
fbem-511	209	56	of	of	ADP
fbem-511	209	57	enterprises	enterprise	NOUN
fbem-511	209	58	,	,	PUNCT
fbem-511	209	59	and	and	CCONJ
fbem-511	209	60	encourage	encourage	VERB
fbem-511	209	61	domestic	domestic	ADJ
fbem-511	209	62	enterprises	enterprise	NOUN
fbem-511	209	63	to	to	PART
fbem-511	209	64	expand	expand	VERB
fbem-511	209	65	foreign	foreign	ADJ
fbem-511	209	66	investment	investment	NOUN
fbem-511	209	67	.	.	PUNCT
fbem-511	210	1	domestic	domestic	ADJ
fbem-511	210	2	enterprises	enterprise	NOUN
fbem-511	210	3	should	should	AUX
fbem-511	210	4	be	be	AUX
fbem-511	210	5	encouraged	encourage	VERB
fbem-511	210	6	to	to	PART
fbem-511	210	7	acquire	acquire	VERB
fbem-511	210	8	and	and	CCONJ
fbem-511	210	9	merge	merge	VERB
fbem-511	210	10	foreign	foreign	ADJ
fbem-511	210	11	resource	resource	NOUN
fbem-511	210	12	and	and	CCONJ
fbem-511	210	13	hightech	hightech	NOUN
fbem-511	210	14	enterprises	enterprise	NOUN
fbem-511	210	15	through	through	ADP
fbem-511	210	16	market	market	NOUN
fbem-511	210	17	-	-	PUNCT
fbem-511	210	18	oriented	orient	VERB
fbem-511	210	19	channels	channel	NOUN
fbem-511	210	20	,	,	PUNCT
fbem-511	210	21	or	or	CCONJ
fbem-511	210	22	strengthen	strengthen	VERB
fbem-511	210	23	transnational	transnational	ADJ
fbem-511	210	24	cooperation	cooperation	NOUN
fbem-511	210	25	with	with	ADP
fbem-511	210	26	international	international	ADJ
fbem-511	210	27	resource	resource	NOUN
fbem-511	210	28	and	and	CCONJ
fbem-511	210	29	high	high	ADJ
fbem-511	210	30	-	-	PUNCT
fbem-511	210	31	tech	tech	NOUN
fbem-511	210	32	enterprise	enterprise	NOUN
fbem-511	210	33	groups	group	NOUN
fbem-511	210	34	,	,	PUNCT
fbem-511	210	35	which	which	PRON
fbem-511	210	36	is	be	AUX
fbem-511	210	37	not	not	PART
fbem-511	210	38	only	only	ADV
fbem-511	210	39	conducive	conducive	ADJ
fbem-511	210	40	to	to	ADP
fbem-511	210	41	the	the	DET
fbem-511	210	42	introduction	introduction	NOUN
fbem-511	210	43	of	of	ADP
fbem-511	210	44	advanced	advanced	ADJ
fbem-511	210	45	technology	technology	NOUN
fbem-511	210	46	and	and	CCONJ
fbem-511	210	47	management	management	NOUN
fbem-511	210	48	experience	experience	NOUN
fbem-511	210	49	,	,	PUNCT
fbem-511	210	50	but	but	CCONJ
fbem-511	210	51	also	also	ADV
fbem-511	210	52	reduce	reduce	VERB
fbem-511	210	53	the	the	DET
fbem-511	210	54	risk	risk	NOUN
fbem-511	210	55	of	of	ADP
fbem-511	210	56	reserve	reserve	NOUN
fbem-511	210	57	assets	asset	NOUN
fbem-511	210	58	,	,	PUNCT
fbem-511	210	59	reduce	reduce	VERB
fbem-511	210	60	the	the	DET
fbem-511	210	61	interest	interest	NOUN
fbem-511	210	62	loss	loss	NOUN
fbem-511	210	63	caused	cause	VERB
fbem-511	210	64	to	to	ADP
fbem-511	210	65	china	china	PROPN
fbem-511	210	66	by	by	ADP
fbem-511	210	67	the	the	DET
fbem-511	210	68	sharp	sharp	ADJ
fbem-511	210	69	rise	rise	NOUN
fbem-511	210	70	in	in	ADP
fbem-511	210	71	the	the	DET
fbem-511	210	72	price	price	NOUN
fbem-511	210	73	of	of	ADP
fbem-511	210	74	primary	primary	ADJ
fbem-511	210	75	products	product	NOUN
fbem-511	210	76	in	in	ADP
fbem-511	210	77	the	the	DET
fbem-511	210	78	international	international	ADJ
fbem-511	210	79	market	market	NOUN
fbem-511	210	80	,	,	PUNCT
fbem-511	210	81	and	and	CCONJ
fbem-511	210	82	effectively	effectively	ADV
fbem-511	210	83	improve	improve	VERB
fbem-511	210	84	the	the	DET
fbem-511	210	85	security	security	NOUN
fbem-511	210	86	of	of	ADP
fbem-511	210	87	china	china	PROPN
fbem-511	210	88	's	's	PART
fbem-511	210	89	resource	resource	NOUN
fbem-511	210	90	supply	supply	NOUN
fbem-511	210	91	.	.	PUNCT
fbem-511	211	1	4.4	4.4	NUM
fbem-511	211	2	.	.	PUNCT
fbem-511	211	3	steadily	steadily	ADV
fbem-511	211	4	promote	promote	VERB
fbem-511	211	5	the	the	DET
fbem-511	211	6	reform	reform	NOUN
fbem-511	211	7	of	of	ADP
fbem-511	211	8	rmb	rmb	PROPN
fbem-511	211	9	exchange	exchange	NOUN
fbem-511	211	10	rate	rate	NOUN
fbem-511	211	11	formation	formation	NOUN
fbem-511	211	12	mechanism	mechanism	NOUN
fbem-511	211	13	and	and	CCONJ
fbem-511	211	14	implement	implement	VERB
fbem-511	211	15	a	a	DET
fbem-511	211	16	more	more	ADV
fbem-511	211	17	market	market	NOUN
fbem-511	211	18	-	-	PUNCT
fbem-511	211	19	oriented	orient	VERB
fbem-511	211	20	and	and	CCONJ
fbem-511	211	21	transparent	transparent	ADJ
fbem-511	211	22	exchange	exchange	NOUN
fbem-511	211	23	rate	rate	NOUN
fbem-511	211	24	system	system	NOUN
fbem-511	211	25	in	in	ADP
fbem-511	211	26	the	the	DET
fbem-511	211	27	current	current	ADJ
fbem-511	211	28	environment	environment	NOUN
fbem-511	211	29	,	,	PUNCT
fbem-511	211	30	with	with	ADP
fbem-511	211	31	the	the	DET
fbem-511	211	32	continuous	continuous	ADJ
fbem-511	211	33	depreciation	depreciation	NOUN
fbem-511	211	34	of	of	ADP
fbem-511	211	35	the	the	DET
fbem-511	211	36	us	us	PROPN
fbem-511	211	37	dollar	dollar	NOUN
fbem-511	211	38	,	,	PUNCT
fbem-511	211	39	the	the	DET
fbem-511	211	40	appreciation	appreciation	NOUN
fbem-511	211	41	of	of	ADP
fbem-511	211	42	the	the	DET
fbem-511	211	43	rmb	rmb	NOUN
fbem-511	211	44	has	have	AUX
fbem-511	211	45	once	once	ADV
fbem-511	211	46	again	again	ADV
fbem-511	211	47	become	become	VERB
fbem-511	211	48	the	the	DET
fbem-511	211	49	focus	focus	NOUN
fbem-511	211	50	of	of	ADP
fbem-511	211	51	public	public	ADJ
fbem-511	211	52	opinion	opinion	NOUN
fbem-511	211	53	and	and	CCONJ
fbem-511	211	54	an	an	DET
fbem-511	211	55	excuse	excuse	NOUN
fbem-511	211	56	for	for	SCONJ
fbem-511	211	57	the	the	DET
fbem-511	211	58	united	united	PROPN
fbem-511	211	59	states	states	PROPN
fbem-511	211	60	to	to	PART
fbem-511	211	61	suppress	suppress	VERB
fbem-511	211	62	it	it	PRON
fbem-511	211	63	.	.	PUNCT
fbem-511	212	1	therefore	therefore	ADV
fbem-511	212	2	,	,	PUNCT
fbem-511	212	3	china	china	PROPN
fbem-511	212	4	should	should	AUX
fbem-511	212	5	adhere	adhere	VERB
fbem-511	212	6	to	to	ADP
fbem-511	212	7	the	the	DET
fbem-511	212	8	principles	principle	NOUN
fbem-511	212	9	of	of	ADP
fbem-511	212	10	initiative	initiative	NOUN
fbem-511	212	11	,	,	PUNCT
fbem-511	212	12	controllability	controllability	NOUN
fbem-511	212	13	and	and	CCONJ
fbem-511	212	14	gradualness	gradualness	NOUN
fbem-511	212	15	,	,	PUNCT
fbem-511	212	16	further	far	ADV
fbem-511	212	17	improve	improve	VERB
fbem-511	212	18	the	the	DET
fbem-511	212	19	rmb	rmb	PROPN
fbem-511	212	20	exchange	exchange	NOUN
fbem-511	212	21	rate	rate	NOUN
fbem-511	212	22	formation	formation	NOUN
fbem-511	212	23	mechanism	mechanism	NOUN
fbem-511	212	24	,	,	PUNCT
fbem-511	212	25	enhance	enhance	VERB
fbem-511	212	26	the	the	DET
fbem-511	212	27	flexibility	flexibility	NOUN
fbem-511	212	28	of	of	ADP
fbem-511	212	29	the	the	DET
fbem-511	212	30	exchange	exchange	NOUN
fbem-511	212	31	rate	rate	NOUN
fbem-511	212	32	formation	formation	NOUN
fbem-511	212	33	mechanism	mechanism	NOUN
fbem-511	212	34	,	,	PUNCT
fbem-511	212	35	and	and	CCONJ
fbem-511	212	36	give	give	VERB
fbem-511	212	37	full	full	ADJ
fbem-511	212	38	play	play	NOUN
fbem-511	212	39	to	to	ADP
fbem-511	212	40	the	the	DET
fbem-511	212	41	basic	basic	ADJ
fbem-511	212	42	role	role	NOUN
fbem-511	212	43	of	of	ADP
fbem-511	212	44	market	market	NOUN
fbem-511	212	45	supply	supply	NOUN
fbem-511	212	46	and	and	CCONJ
fbem-511	212	47	demand	demand	NOUN
fbem-511	212	48	in	in	ADP
fbem-511	212	49	the	the	DET
fbem-511	212	50	formation	formation	NOUN
fbem-511	212	51	of	of	ADP
fbem-511	212	52	exchange	exchange	NOUN
fbem-511	212	53	rate	rate	NOUN
fbem-511	212	54	.	.	PUNCT
fbem-511	213	1	it	it	PRON
fbem-511	213	2	is	be	AUX
fbem-511	213	3	necessary	necessary	ADJ
fbem-511	213	4	to	to	PART
fbem-511	213	5	actively	actively	ADV
fbem-511	213	6	and	and	CCONJ
fbem-511	213	7	steadily	steadily	ADV
fbem-511	213	8	promote	promote	VERB
fbem-511	213	9	the	the	DET
fbem-511	213	10	reform	reform	NOUN
fbem-511	213	11	of	of	ADP
fbem-511	213	12	the	the	DET
fbem-511	213	13	rmb	rmb	PROPN
fbem-511	213	14	exchange	exchange	NOUN
fbem-511	213	15	rate	rate	NOUN
fbem-511	213	16	formation	formation	NOUN
fbem-511	213	17	mechanism	mechanism	NOUN
fbem-511	213	18	,	,	PUNCT
fbem-511	213	19	implement	implement	VERB
fbem-511	213	20	a	a	DET
fbem-511	213	21	more	more	ADV
fbem-511	213	22	market	market	NOUN
fbem-511	213	23	-	-	PUNCT
fbem-511	213	24	oriented	orient	VERB
fbem-511	213	25	and	and	CCONJ
fbem-511	213	26	transparent	transparent	ADJ
fbem-511	213	27	exchange	exchange	NOUN
fbem-511	213	28	rate	rate	NOUN
fbem-511	213	29	system	system	NOUN
fbem-511	213	30	,	,	PUNCT
fbem-511	213	31	gradually	gradually	ADV
fbem-511	213	32	reduce	reduce	VERB
fbem-511	213	33	the	the	DET
fbem-511	213	34	dependence	dependence	NOUN
fbem-511	213	35	of	of	ADP
fbem-511	213	36	the	the	DET
fbem-511	213	37	rmb	rmb	NOUN
fbem-511	213	38	on	on	ADP
fbem-511	213	39	the	the	DET
fbem-511	213	40	us	us	PROPN
fbem-511	213	41	dollar	dollar	NOUN
fbem-511	213	42	,	,	PUNCT
fbem-511	213	43	maintain	maintain	VERB
fbem-511	213	44	the	the	DET
fbem-511	213	45	basic	basic	ADJ
fbem-511	213	46	stability	stability	NOUN
fbem-511	213	47	of	of	ADP
fbem-511	213	48	the	the	DET
fbem-511	213	49	rmb	rmb	PROPN
fbem-511	213	50	exchange	exchange	NOUN
fbem-511	213	51	rate	rate	NOUN
fbem-511	213	52	at	at	ADP
fbem-511	213	53	a	a	DET
fbem-511	213	54	reasonable	reasonable	ADJ
fbem-511	213	55	and	and	CCONJ
fbem-511	213	56	balanced	balanced	ADJ
fbem-511	213	57	level	level	NOUN
fbem-511	213	58	,	,	PUNCT
fbem-511	213	59	and	and	CCONJ
fbem-511	213	60	promote	promote	VERB
fbem-511	213	61	the	the	DET
fbem-511	213	62	basic	basic	ADJ
fbem-511	213	63	balance	balance	NOUN
fbem-511	213	64	of	of	ADP
fbem-511	213	65	payments	payment	NOUN
fbem-511	213	66	.	.	PUNCT
fbem-511	214	1	as	as	SCONJ
fbem-511	214	2	the	the	DET
fbem-511	214	3	implementation	implementation	NOUN
fbem-511	214	4	of	of	ADP
fbem-511	214	5	the	the	DET
fbem-511	214	6	fed	fed	PROPN
fbem-511	214	7	's	's	PART
fbem-511	214	8	quantitative	quantitative	ADJ
fbem-511	214	9	easing	ease	VERB
fbem-511	214	10	monetary	monetary	ADJ
fbem-511	214	11	policy	policy	NOUN
fbem-511	214	12	has	have	AUX
fbem-511	214	13	greatly	greatly	ADV
fbem-511	214	14	exacerbated	exacerbate	VERB
fbem-511	214	15	china	china	PROPN
fbem-511	214	16	's	's	PART
fbem-511	214	17	imported	import	VERB
fbem-511	214	18	inflation	inflation	NOUN
fbem-511	214	19	pressure	pressure	NOUN
fbem-511	214	20	,	,	PUNCT
fbem-511	214	21	the	the	DET
fbem-511	214	22	moderate	moderate	ADJ
fbem-511	214	23	and	and	CCONJ
fbem-511	214	24	moderate	moderate	ADJ
fbem-511	214	25	appreciation	appreciation	NOUN
fbem-511	214	26	of	of	ADP
fbem-511	214	27	rmb	rmb	NOUN
fbem-511	214	28	is	be	AUX
fbem-511	214	29	not	not	PART
fbem-511	214	30	only	only	ADV
fbem-511	214	31	economically	economically	ADV
fbem-511	214	32	reasonable	reasonable	ADJ
fbem-511	214	33	and	and	CCONJ
fbem-511	214	34	helpful	helpful	ADJ
fbem-511	214	35	to	to	PART
fbem-511	214	36	curb	curb	VERB
fbem-511	214	37	inflation	inflation	NOUN
fbem-511	214	38	,	,	PUNCT
fbem-511	214	39	but	but	CCONJ
fbem-511	214	40	also	also	ADV
fbem-511	214	41	an	an	DET
fbem-511	214	42	active	active	ADJ
fbem-511	214	43	choice	choice	NOUN
fbem-511	214	44	under	under	ADP
fbem-511	214	45	the	the	DET
fbem-511	214	46	increasing	increase	VERB
fbem-511	214	47	appreciation	appreciation	NOUN
fbem-511	214	48	pressure	pressure	NOUN
fbem-511	214	49	and	and	CCONJ
fbem-511	214	50	the	the	DET
fbem-511	214	51	impact	impact	NOUN
fbem-511	214	52	of	of	ADP
fbem-511	214	53	capital	capital	ADJ
fbem-511	214	54	inflow	inflow	NOUN
fbem-511	214	55	.	.	PUNCT
fbem-511	215	1	4.5	4.5	NUM
fbem-511	215	2	.	.	PUNCT
fbem-511	215	3	adjust	adjust	VERB
fbem-511	215	4	the	the	DET
fbem-511	215	5	economic	economic	ADJ
fbem-511	215	6	structure	structure	NOUN
fbem-511	215	7	and	and	CCONJ
fbem-511	215	8	reduce	reduce	VERB
fbem-511	215	9	the	the	DET
fbem-511	215	10	trade	trade	NOUN
fbem-511	215	11	surplus	surplus	NOUN
fbem-511	215	12	after	after	ADP
fbem-511	215	13	the	the	DET
fbem-511	215	14	outbreak	outbreak	NOUN
fbem-511	215	15	of	of	ADP
fbem-511	215	16	the	the	DET
fbem-511	215	17	global	global	ADJ
fbem-511	215	18	financial	financial	ADJ
fbem-511	215	19	crisis	crisis	NOUN
fbem-511	215	20	,	,	PUNCT
fbem-511	215	21	the	the	DET
fbem-511	215	22	western	western	ADJ
fbem-511	215	23	developed	develop	VERB
fbem-511	215	24	countries	country	NOUN
fbem-511	215	25	led	lead	VERB
fbem-511	215	26	by	by	ADP
fbem-511	215	27	the	the	DET
fbem-511	215	28	united	united	PROPN
fbem-511	215	29	states	states	PROPN
fbem-511	215	30	have	have	AUX
fbem-511	215	31	been	be	AUX
fbem-511	215	32	demanding	demand	VERB
fbem-511	215	33	the	the	DET
fbem-511	215	34	appreciation	appreciation	NOUN
fbem-511	215	35	of	of	ADP
fbem-511	215	36	the	the	DET
fbem-511	215	37	rmb	rmb	NOUN
fbem-511	215	38	under	under	ADP
fbem-511	215	39	the	the	DET
fbem-511	215	40	pretext	pretext	NOUN
fbem-511	215	41	of	of	ADP
fbem-511	215	42	huge	huge	ADJ
fbem-511	215	43	trade	trade	NOUN
fbem-511	215	44	deficit	deficit	NOUN
fbem-511	215	45	with	with	ADP
fbem-511	215	46	china	china	PROPN
fbem-511	215	47	.	.	PUNCT
fbem-511	216	1	nowadays	nowadays	ADV
fbem-511	216	2	,	,	PUNCT
fbem-511	216	3	some	some	DET
fbem-511	216	4	emerging	emerge	VERB
fbem-511	216	5	economies	economy	NOUN
fbem-511	216	6	have	have	AUX
fbem-511	216	7	also	also	ADV
fbem-511	216	8	put	put	VERB
fbem-511	216	9	forward	forward	ADP
fbem-511	216	10	the	the	DET
fbem-511	216	11	requirements	requirement	NOUN
fbem-511	216	12	of	of	ADP
fbem-511	216	13	rmb	rmb	NOUN
fbem-511	216	14	appreciation	appreciation	NOUN
fbem-511	216	15	.	.	PUNCT
fbem-511	217	1	the	the	DET
fbem-511	217	2	huge	huge	ADJ
fbem-511	217	3	trade	trade	NOUN
fbem-511	217	4	surplus	surplus	NOUN
fbem-511	217	5	has	have	AUX
fbem-511	217	6	obviously	obviously	ADV
fbem-511	217	7	become	become	VERB
fbem-511	217	8	the	the	DET
fbem-511	217	9	most	most	ADV
fbem-511	217	10	direct	direct	ADJ
fbem-511	217	11	reason	reason	NOUN
fbem-511	217	12	for	for	SCONJ
fbem-511	217	13	countries	country	NOUN
fbem-511	217	14	around	around	ADP
fbem-511	217	15	the	the	DET
fbem-511	217	16	world	world	NOUN
fbem-511	217	17	to	to	PART
fbem-511	217	18	suppress	suppress	VERB
fbem-511	217	19	rmb	rmb	NOUN
fbem-511	217	20	appreciation	appreciation	NOUN
fbem-511	217	21	.	.	PUNCT
fbem-511	218	1	under	under	ADP
fbem-511	218	2	such	such	ADJ
fbem-511	218	3	circumstances	circumstance	NOUN
fbem-511	218	4	,	,	PUNCT
fbem-511	218	5	china	china	PROPN
fbem-511	218	6	should	should	AUX
fbem-511	218	7	actively	actively	ADV
fbem-511	218	8	adjust	adjust	VERB
fbem-511	218	9	its	its	PRON
fbem-511	218	10	economic	economic	ADJ
fbem-511	218	11	structure	structure	NOUN
fbem-511	218	12	and	and	CCONJ
fbem-511	218	13	reduce	reduce	VERB
fbem-511	218	14	its	its	PRON
fbem-511	218	15	trade	trade	NOUN
fbem-511	218	16	surplus	surplus	NOUN
fbem-511	218	17	.	.	PUNCT
fbem-511	219	1	on	on	ADP
fbem-511	219	2	the	the	DET
fbem-511	219	3	one	one	NUM
fbem-511	219	4	hand	hand	NOUN
fbem-511	219	5	,	,	PUNCT
fbem-511	219	6	china	china	PROPN
fbem-511	219	7	should	should	AUX
fbem-511	219	8	pay	pay	VERB
fbem-511	219	9	more	more	ADJ
fbem-511	219	10	attention	attention	NOUN
fbem-511	219	11	to	to	ADP
fbem-511	219	12	the	the	DET
fbem-511	219	13	upgrading	upgrading	NOUN
fbem-511	219	14	and	and	CCONJ
fbem-511	219	15	optimization	optimization	NOUN
fbem-511	219	16	of	of	ADP
fbem-511	219	17	industrial	industrial	ADJ
fbem-511	219	18	structure	structure	NOUN
fbem-511	219	19	,	,	PUNCT
fbem-511	219	20	actively	actively	ADV
fbem-511	219	21	adjust	adjust	VERB
fbem-511	219	22	the	the	DET
fbem-511	219	23	import	import	NOUN
fbem-511	219	24	and	and	CCONJ
fbem-511	219	25	export	export	NOUN
fbem-511	219	26	structure	structure	NOUN
fbem-511	219	27	,	,	PUNCT
fbem-511	219	28	encourage	encourage	VERB
fbem-511	219	29	the	the	DET
fbem-511	219	30	development	development	NOUN
fbem-511	219	31	of	of	ADP
fbem-511	219	32	high	high	ADJ
fbem-511	219	33	-	-	PUNCT
fbem-511	219	34	end	end	NOUN
fbem-511	219	35	export	export	NOUN
fbem-511	219	36	products	product	NOUN
fbem-511	219	37	,	,	PUNCT
fbem-511	219	38	continuously	continuously	ADV
fbem-511	219	39	improve	improve	VERB
fbem-511	219	40	the	the	DET
fbem-511	219	41	competitiveness	competitiveness	NOUN
fbem-511	219	42	of	of	ADP
fbem-511	219	43	chinese	chinese	ADJ
fbem-511	219	44	products	product	NOUN
fbem-511	219	45	in	in	ADP
fbem-511	219	46	the	the	DET
fbem-511	219	47	international	international	ADJ
fbem-511	219	48	market	market	NOUN
fbem-511	219	49	through	through	ADP
fbem-511	219	50	the	the	DET
fbem-511	219	51	adjustment	adjustment	NOUN
fbem-511	219	52	of	of	ADP
fbem-511	219	53	domestic	domestic	ADJ
fbem-511	219	54	economic	economic	ADJ
fbem-511	219	55	structure	structure	NOUN
fbem-511	219	56	,	,	PUNCT
fbem-511	219	57	and	and	CCONJ
fbem-511	219	58	prepare	prepare	VERB
fbem-511	219	59	for	for	ADP
fbem-511	219	60	china	china	PROPN
fbem-511	219	61	's	's	PART
fbem-511	219	62	export	export	NOUN
fbem-511	219	63	upgrading	upgrading	NOUN
fbem-511	219	64	after	after	ADP
fbem-511	219	65	the	the	DET
fbem-511	219	66	global	global	ADJ
fbem-511	219	67	economic	economic	ADJ
fbem-511	219	68	recovery	recovery	NOUN
fbem-511	219	69	.	.	PUNCT
fbem-511	220	1	on	on	ADP
fbem-511	220	2	the	the	DET
fbem-511	220	3	other	other	ADJ
fbem-511	220	4	hand	hand	NOUN
fbem-511	220	5	,	,	PUNCT
fbem-511	220	6	china	china	PROPN
fbem-511	220	7	should	should	AUX
fbem-511	220	8	implement	implement	VERB
fbem-511	220	9	a	a	DET
fbem-511	220	10	proactive	proactive	ADJ
fbem-511	220	11	fiscal	fiscal	ADJ
fbem-511	220	12	policy	policy	NOUN
fbem-511	220	13	and	and	CCONJ
fbem-511	220	14	reduce	reduce	VERB
fbem-511	220	15	the	the	DET
fbem-511	220	16	savings	saving	NOUN
fbem-511	220	17	rate	rate	NOUN
fbem-511	220	18	by	by	ADP
fbem-511	220	19	expanding	expand	VERB
fbem-511	220	20	domestic	domestic	ADJ
fbem-511	220	21	demand	demand	NOUN
fbem-511	220	22	,	,	PUNCT
fbem-511	220	23	especially	especially	ADV
fbem-511	220	24	household	household	NOUN
fbem-511	220	25	consumption	consumption	NOUN
fbem-511	220	26	,	,	PUNCT
fbem-511	220	27	so	so	SCONJ
fbem-511	220	28	as	as	SCONJ
fbem-511	220	29	to	to	PART
fbem-511	220	30	reduce	reduce	VERB
fbem-511	220	31	the	the	DET
fbem-511	220	32	trade	trade	NOUN
fbem-511	220	33	surplus	surplus	NOUN
fbem-511	220	34	and	and	CCONJ
fbem-511	220	35	strive	strive	VERB
fbem-511	220	36	for	for	ADP
fbem-511	220	37	some	some	DET
fbem-511	220	38	initiative	initiative	NOUN
fbem-511	220	39	to	to	PART
fbem-511	220	40	maintain	maintain	VERB
fbem-511	220	41	the	the	DET
fbem-511	220	42	stability	stability	NOUN
fbem-511	220	43	of	of	ADP
fbem-511	220	44	the	the	DET
fbem-511	220	45	rmb	rmb	PROPN
fbem-511	220	46	exchange	exchange	NOUN
fbem-511	220	47	rate	rate	NOUN
fbem-511	220	48	.	.	PUNCT
fbem-511	221	1	4.6	4.6	NUM
fbem-511	221	2	.	.	PUNCT
fbem-511	221	3	gradually	gradually	ADV
fbem-511	221	4	change	change	VERB
fbem-511	221	5	china	china	PROPN
fbem-511	221	6	's	's	PART
fbem-511	221	7	export	export	NOUN
fbem-511	221	8	settlement	settlement	NOUN
fbem-511	221	9	method	method	NOUN
fbem-511	221	10	and	and	CCONJ
fbem-511	221	11	steadily	steadily	ADV
fbem-511	221	12	promote	promote	VERB
fbem-511	221	13	rmb	rmb	PROPN
fbem-511	221	14	settlement	settlement	NOUN
fbem-511	221	15	of	of	ADP
fbem-511	221	16	cross	cross	ADJ
fbem-511	221	17	-	-	ADJ
fbem-511	221	18	border	border	ADJ
fbem-511	221	19	trade	trade	NOUN
fbem-511	221	20	in	in	ADP
fbem-511	221	21	order	order	NOUN
fbem-511	221	22	to	to	PART
fbem-511	221	23	avoid	avoid	VERB
fbem-511	221	24	the	the	DET
fbem-511	221	25	adverse	adverse	ADJ
fbem-511	221	26	impact	impact	NOUN
fbem-511	221	27	of	of	ADP
fbem-511	221	28	the	the	DET
fbem-511	221	29	depreciation	depreciation	NOUN
fbem-511	221	30	of	of	ADP
fbem-511	221	31	the	the	DET
fbem-511	221	32	us	us	PROPN
fbem-511	221	33	dollar	dollar	NOUN
fbem-511	221	34	on	on	ADP
fbem-511	221	35	china	china	PROPN
fbem-511	221	36	's	's	PART
fbem-511	221	37	import	import	NOUN
fbem-511	221	38	and	and	CCONJ
fbem-511	221	39	export	export	NOUN
fbem-511	221	40	under	under	ADP
fbem-511	221	41	the	the	DET
fbem-511	221	42	us	us	PROPN
fbem-511	221	43	quantitative	quantitative	ADJ
fbem-511	221	44	easing	ease	VERB
fbem-511	221	45	monetary	monetary	ADJ
fbem-511	221	46	policy	policy	NOUN
fbem-511	221	47	as	as	ADV
fbem-511	221	48	much	much	ADV
fbem-511	221	49	as	as	ADP
fbem-511	221	50	possible	possible	ADJ
fbem-511	221	51	,	,	PUNCT
fbem-511	221	52	china	china	PROPN
fbem-511	221	53	should	should	AUX
fbem-511	221	54	take	take	VERB
fbem-511	221	55	a	a	DET
fbem-511	221	56	more	more	ADV
fbem-511	221	57	active	active	ADJ
fbem-511	221	58	way	way	NOUN
fbem-511	221	59	and	and	CCONJ
fbem-511	221	60	actively	actively	ADV
fbem-511	221	61	promote	promote	VERB
fbem-511	221	62	the	the	DET
fbem-511	221	63	internationalization	internationalization	NOUN
fbem-511	221	64	of	of	ADP
fbem-511	221	65	the	the	DET
fbem-511	221	66	rmb	rmb	NOUN
fbem-511	221	67	,	,	PUNCT
fbem-511	221	68	so	so	SCONJ
fbem-511	221	69	as	as	SCONJ
fbem-511	221	70	to	to	PART
fbem-511	221	71	get	get	AUX
fbem-511	221	72	rid	rid	VERB
fbem-511	221	73	of	of	ADP
fbem-511	221	74	the	the	DET
fbem-511	221	75	dilemma	dilemma	NOUN
fbem-511	221	76	of	of	ADP
fbem-511	221	77	continuous	continuous	ADJ
fbem-511	221	78	appreciation	appreciation	NOUN
fbem-511	221	79	under	under	ADP
fbem-511	221	80	pressure	pressure	NOUN
fbem-511	221	81	and	and	CCONJ
fbem-511	221	82	obtain	obtain	VERB
fbem-511	221	83	a	a	DET
fbem-511	221	84	more	more	ADV
fbem-511	221	85	equal	equal	ADJ
fbem-511	221	86	position	position	NOUN
fbem-511	221	87	with	with	ADP
fbem-511	221	88	the	the	DET
fbem-511	221	89	united	united	PROPN
fbem-511	221	90	states	states	PROPN
fbem-511	221	91	in	in	ADP
fbem-511	221	92	107	107	NUM
fbem-511	221	93	economic	economic	ADJ
fbem-511	221	94	and	and	CCONJ
fbem-511	221	95	trade	trade	NOUN
fbem-511	221	96	exchanges	exchange	NOUN
fbem-511	221	97	.	.	PUNCT
fbem-511	222	1	although	although	SCONJ
fbem-511	222	2	the	the	DET
fbem-511	222	3	internationalization	internationalization	NOUN
fbem-511	222	4	of	of	ADP
fbem-511	222	5	rmb	rmb	PROPN
fbem-511	222	6	still	still	ADV
fbem-511	222	7	has	have	VERB
fbem-511	222	8	a	a	DET
fbem-511	222	9	long	long	ADJ
fbem-511	222	10	way	way	NOUN
fbem-511	222	11	to	to	PART
fbem-511	222	12	go	go	VERB
fbem-511	222	13	and	and	CCONJ
fbem-511	222	14	is	be	AUX
fbem-511	222	15	difficult	difficult	ADJ
fbem-511	222	16	to	to	PART
fbem-511	222	17	achieve	achieve	VERB
fbem-511	222	18	in	in	ADP
fbem-511	222	19	the	the	DET
fbem-511	222	20	short	short	ADJ
fbem-511	222	21	term	term	NOUN
fbem-511	222	22	,	,	PUNCT
fbem-511	222	23	from	from	ADP
fbem-511	222	24	a	a	DET
fbem-511	222	25	strategic	strategic	ADJ
fbem-511	222	26	perspective	perspective	NOUN
fbem-511	222	27	,	,	PUNCT
fbem-511	222	28	the	the	DET
fbem-511	222	29	most	most	ADV
fbem-511	222	30	effective	effective	ADJ
fbem-511	222	31	way	way	NOUN
fbem-511	222	32	for	for	SCONJ
fbem-511	222	33	china	china	PROPN
fbem-511	222	34	to	to	PART
fbem-511	222	35	deal	deal	VERB
fbem-511	222	36	with	with	ADP
fbem-511	222	37	the	the	DET
fbem-511	222	38	"	"	PUNCT
fbem-511	222	39	cheap	cheap	ADJ
fbem-511	222	40	dollar	dollar	NOUN
fbem-511	222	41	"	"	PUNCT
fbem-511	222	42	policy	policy	NOUN
fbem-511	222	43	is	be	AUX
fbem-511	222	44	to	to	PART
fbem-511	222	45	obtain	obtain	VERB
fbem-511	222	46	the	the	DET
fbem-511	222	47	regional	regional	ADJ
fbem-511	222	48	currency	currency	NOUN
fbem-511	222	49	status	status	NOUN
fbem-511	222	50	of	of	ADP
fbem-511	222	51	rmb	rmb	PROPN
fbem-511	222	52	in	in	ADP
fbem-511	222	53	asia	asia	PROPN
fbem-511	222	54	and	and	CCONJ
fbem-511	222	55	steadily	steadily	ADV
fbem-511	222	56	promote	promote	VERB
fbem-511	222	57	the	the	DET
fbem-511	222	58	rmb	rmb	PROPN
fbem-511	222	59	settlement	settlement	NOUN
fbem-511	222	60	of	of	ADP
fbem-511	222	61	cross	cross	ADJ
fbem-511	222	62	-	-	ADJ
fbem-511	222	63	border	border	ADJ
fbem-511	222	64	trade	trade	NOUN
fbem-511	222	65	.	.	PUNCT
fbem-511	223	1	due	due	ADP
fbem-511	223	2	to	to	ADP
fbem-511	223	3	the	the	DET
fbem-511	223	4	sharp	sharp	ADJ
fbem-511	223	5	depreciation	depreciation	NOUN
fbem-511	223	6	of	of	ADP
fbem-511	223	7	the	the	DET
fbem-511	223	8	us	us	PROPN
fbem-511	223	9	dollar	dollar	NOUN
fbem-511	223	10	,	,	PUNCT
fbem-511	223	11	countries	country	NOUN
fbem-511	223	12	try	try	VERB
fbem-511	223	13	to	to	PART
fbem-511	223	14	avoid	avoid	VERB
fbem-511	223	15	using	use	VERB
fbem-511	223	16	us	we	PRON
fbem-511	223	17	dollar	dollar	NOUN
fbem-511	223	18	for	for	ADP
fbem-511	223	19	settlement	settlement	NOUN
fbem-511	223	20	in	in	ADP
fbem-511	223	21	foreign	foreign	ADJ
fbem-511	223	22	trade	trade	NOUN
fbem-511	223	23	.	.	PUNCT
fbem-511	224	1	many	many	ADJ
fbem-511	224	2	countries	country	NOUN
fbem-511	224	3	have	have	AUX
fbem-511	224	4	shown	show	VERB
fbem-511	224	5	a	a	DET
fbem-511	224	6	tendency	tendency	NOUN
fbem-511	224	7	of	of	ADP
fbem-511	224	8	"	"	PUNCT
fbem-511	224	9	dedollarization	dedollarization	NOUN
fbem-511	224	10	"	"	PUNCT
fbem-511	224	11	in	in	ADP
fbem-511	224	12	the	the	DET
fbem-511	224	13	field	field	NOUN
fbem-511	224	14	of	of	ADP
fbem-511	224	15	trade	trade	NOUN
fbem-511	224	16	and	and	CCONJ
fbem-511	224	17	financing	financing	NOUN
fbem-511	224	18	,	,	PUNCT
fbem-511	224	19	which	which	PRON
fbem-511	224	20	provides	provide	VERB
fbem-511	224	21	a	a	DET
fbem-511	224	22	powerful	powerful	ADJ
fbem-511	224	23	opportunity	opportunity	NOUN
fbem-511	224	24	for	for	ADP
fbem-511	224	25	the	the	DET
fbem-511	224	26	internationalization	internationalization	NOUN
fbem-511	224	27	of	of	ADP
fbem-511	224	28	rmb	rmb	NOUN
fbem-511	224	29	to	to	ADP
fbem-511	224	30	a	a	DET
fbem-511	224	31	certain	certain	ADJ
fbem-511	224	32	extent	extent	NOUN
fbem-511	224	33	.	.	PUNCT
fbem-511	225	1	in	in	ADP
fbem-511	225	2	june	june	PROPN
fbem-511	225	3	2010	2010	NUM
fbem-511	225	4	,	,	PUNCT
fbem-511	225	5	china	china	PROPN
fbem-511	225	6	began	begin	VERB
fbem-511	225	7	to	to	PART
fbem-511	225	8	carry	carry	VERB
fbem-511	225	9	out	out	ADP
fbem-511	225	10	the	the	DET
fbem-511	225	11	pilot	pilot	NOUN
fbem-511	225	12	of	of	ADP
fbem-511	225	13	rmb	rmb	PROPN
fbem-511	225	14	cross	cross	ADJ
fbem-511	225	15	-	-	ADJ
fbem-511	225	16	border	border	ADJ
fbem-511	225	17	settlement	settlement	NOUN
fbem-511	225	18	worldwide	worldwide	ADV
fbem-511	225	19	.	.	PUNCT
fbem-511	226	1	on	on	ADP
fbem-511	226	2	this	this	DET
fbem-511	226	3	basis	basis	NOUN
fbem-511	226	4	,	,	PUNCT
fbem-511	226	5	china	china	PROPN
fbem-511	226	6	should	should	AUX
fbem-511	226	7	continue	continue	VERB
fbem-511	226	8	to	to	PART
fbem-511	226	9	expand	expand	VERB
fbem-511	226	10	the	the	DET
fbem-511	226	11	use	use	NOUN
fbem-511	226	12	of	of	ADP
fbem-511	226	13	rmb	rmb	NOUN
fbem-511	226	14	in	in	ADP
fbem-511	226	15	import	import	NOUN
fbem-511	226	16	and	and	CCONJ
fbem-511	226	17	export	export	NOUN
fbem-511	226	18	foreign	foreign	ADJ
fbem-511	226	19	trade	trade	NOUN
fbem-511	226	20	and	and	CCONJ
fbem-511	226	21	investment	investment	NOUN
fbem-511	226	22	,	,	PUNCT
fbem-511	226	23	increase	increase	VERB
fbem-511	226	24	the	the	DET
fbem-511	226	25	trading	trading	NOUN
fbem-511	226	26	volume	volume	NOUN
fbem-511	226	27	of	of	ADP
fbem-511	226	28	rmb	rmb	PROPN
fbem-511	226	29	in	in	ADP
fbem-511	226	30	the	the	DET
fbem-511	226	31	international	international	ADJ
fbem-511	226	32	market	market	NOUN
fbem-511	226	33	,	,	PUNCT
fbem-511	226	34	and	and	CCONJ
fbem-511	226	35	improve	improve	VERB
fbem-511	226	36	its	its	PRON
fbem-511	226	37	position	position	NOUN
fbem-511	226	38	in	in	ADP
fbem-511	226	39	valuation	valuation	NOUN
fbem-511	226	40	,	,	PUNCT
fbem-511	226	41	settlement	settlement	NOUN
fbem-511	226	42	,	,	PUNCT
fbem-511	226	43	investment	investment	NOUN
fbem-511	226	44	,	,	PUNCT
fbem-511	226	45	reserves	reserve	NOUN
fbem-511	226	46	and	and	CCONJ
fbem-511	226	47	other	other	ADJ
fbem-511	226	48	fields	field	NOUN
fbem-511	226	49	.	.	PUNCT
fbem-511	227	1	at	at	ADP
fbem-511	227	2	present	present	ADJ
fbem-511	227	3	,	,	PUNCT
fbem-511	227	4	china	china	PROPN
fbem-511	227	5	should	should	AUX
fbem-511	227	6	focus	focus	VERB
fbem-511	227	7	on	on	ADP
fbem-511	227	8	major	major	ADJ
fbem-511	227	9	trading	trading	NOUN
fbem-511	227	10	partners	partner	NOUN
fbem-511	227	11	,	,	PUNCT
fbem-511	227	12	take	take	VERB
fbem-511	227	13	rmb	rmb	NOUN
fbem-511	227	14	as	as	ADP
fbem-511	227	15	the	the	DET
fbem-511	227	16	settlement	settlement	NOUN
fbem-511	227	17	currency	currency	NOUN
fbem-511	227	18	of	of	ADP
fbem-511	227	19	bilateral	bilateral	ADJ
fbem-511	227	20	trade	trade	NOUN
fbem-511	227	21	between	between	ADP
fbem-511	227	22	china	china	PROPN
fbem-511	227	23	and	and	CCONJ
fbem-511	227	24	major	major	ADJ
fbem-511	227	25	trading	trading	NOUN
fbem-511	227	26	partners	partner	NOUN
fbem-511	227	27	,	,	PUNCT
fbem-511	227	28	and	and	CCONJ
fbem-511	227	29	promote	promote	VERB
fbem-511	227	30	the	the	DET
fbem-511	227	31	transformation	transformation	NOUN
fbem-511	227	32	of	of	ADP
fbem-511	227	33	rmb	rmb	NOUN
fbem-511	227	34	use	use	NOUN
fbem-511	227	35	from	from	ADP
fbem-511	227	36	peripheralization	peripheralization	NOUN
fbem-511	227	37	to	to	ADP
fbem-511	227	38	asia	asia	PROPN
fbem-511	227	39	pacific	pacific	PROPN
fbem-511	227	40	regionalization	regionalization	NOUN
fbem-511	227	41	,	,	PUNCT
fbem-511	227	42	so	so	SCONJ
fbem-511	227	43	as	as	SCONJ
fbem-511	227	44	to	to	PART
fbem-511	227	45	lay	lay	VERB
fbem-511	227	46	the	the	DET
fbem-511	227	47	foundation	foundation	NOUN
fbem-511	227	48	for	for	ADP
fbem-511	227	49	rmb	rmb	NOUN
fbem-511	227	50	internationalization	internationalization	NOUN
fbem-511	227	51	.	.	PUNCT
fbem-511	228	1	4.7	4.7	NUM
fbem-511	228	2	.	.	PUNCT
fbem-511	229	1	diversify	diversify	VERB
fbem-511	229	2	the	the	DET
fbem-511	229	3	use	use	NOUN
fbem-511	229	4	of	of	ADP
fbem-511	229	5	foreign	foreign	ADJ
fbem-511	229	6	exchange	exchange	NOUN
fbem-511	229	7	reserves	reserve	NOUN
fbem-511	229	8	as	as	SCONJ
fbem-511	229	9	mentioned	mention	VERB
fbem-511	229	10	earlier	early	ADV
fbem-511	229	11	,	,	PUNCT
fbem-511	229	12	the	the	DET
fbem-511	229	13	quantitative	quantitative	ADJ
fbem-511	229	14	easing	ease	VERB
fbem-511	229	15	monetary	monetary	ADJ
fbem-511	229	16	policy	policy	NOUN
fbem-511	229	17	of	of	ADP
fbem-511	229	18	the	the	DET
fbem-511	229	19	united	united	PROPN
fbem-511	229	20	states	states	PROPN
fbem-511	229	21	has	have	AUX
fbem-511	229	22	greatly	greatly	ADV
fbem-511	229	23	devalued	devalue	VERB
fbem-511	229	24	the	the	DET
fbem-511	229	25	dollar	dollar	NOUN
fbem-511	229	26	assets	asset	NOUN
fbem-511	229	27	held	hold	VERB
fbem-511	229	28	by	by	ADP
fbem-511	229	29	china	china	PROPN
fbem-511	229	30	.	.	PUNCT
fbem-511	230	1	in	in	ADP
fbem-511	230	2	order	order	NOUN
fbem-511	230	3	to	to	PART
fbem-511	230	4	reduce	reduce	VERB
fbem-511	230	5	the	the	DET
fbem-511	230	6	loss	loss	NOUN
fbem-511	230	7	of	of	ADP
fbem-511	230	8	a	a	DET
fbem-511	230	9	large	large	ADJ
fbem-511	230	10	number	number	NOUN
fbem-511	230	11	of	of	ADP
fbem-511	230	12	fixed	fix	VERB
fbem-511	230	13	income	income	NOUN
fbem-511	230	14	us	us	PROPN
fbem-511	230	15	dollar	dollar	NOUN
fbem-511	230	16	assets	asset	NOUN
fbem-511	230	17	held	hold	VERB
fbem-511	230	18	by	by	ADP
fbem-511	230	19	china	china	PROPN
fbem-511	230	20	,	,	PUNCT
fbem-511	230	21	we	we	PRON
fbem-511	230	22	need	need	VERB
fbem-511	230	23	to	to	PART
fbem-511	230	24	be	be	AUX
fbem-511	230	25	highly	highly	ADV
fbem-511	230	26	vigilant	vigilant	ADJ
fbem-511	230	27	in	in	ADP
fbem-511	230	28	the	the	DET
fbem-511	230	29	purchase	purchase	NOUN
fbem-511	230	30	of	of	ADP
fbem-511	230	31	us	us	PROPN
fbem-511	230	32	dollar	dollar	NOUN
fbem-511	230	33	assets	asset	NOUN
fbem-511	230	34	and	and	CCONJ
fbem-511	230	35	strictly	strictly	ADV
fbem-511	230	36	control	control	VERB
fbem-511	230	37	the	the	DET
fbem-511	230	38	stock	stock	NOUN
fbem-511	230	39	scale	scale	NOUN
fbem-511	230	40	of	of	ADP
fbem-511	230	41	us	us	PROPN
fbem-511	230	42	dollar	dollar	NOUN
fbem-511	230	43	assets	asset	NOUN
fbem-511	230	44	.	.	PUNCT
fbem-511	231	1	the	the	DET
fbem-511	231	2	asset	asset	NOUN
fbem-511	231	3	portfolio	portfolio	NOUN
fbem-511	231	4	selected	select	VERB
fbem-511	231	5	for	for	ADP
fbem-511	231	6	reserve	reserve	NOUN
fbem-511	231	7	management	management	NOUN
fbem-511	231	8	should	should	AUX
fbem-511	231	9	reduce	reduce	VERB
fbem-511	231	10	virtualization	virtualization	NOUN
fbem-511	231	11	and	and	CCONJ
fbem-511	231	12	further	further	ADJ
fbem-511	231	13	tilt	tilt	NOUN
fbem-511	231	14	to	to	ADP
fbem-511	231	15	physical	physical	ADJ
fbem-511	231	16	assets	asset	NOUN
fbem-511	231	17	,	,	PUNCT
fbem-511	231	18	such	such	ADJ
fbem-511	231	19	as	as	ADP
fbem-511	231	20	enterprise	enterprise	NOUN
fbem-511	231	21	equity	equity	NOUN
fbem-511	231	22	,	,	PUNCT
fbem-511	231	23	resources	resource	NOUN
fbem-511	231	24	and	and	CCONJ
fbem-511	231	25	other	other	ADJ
fbem-511	231	26	asset	asset	NOUN
fbem-511	231	27	portfolios	portfolio	NOUN
fbem-511	231	28	closely	closely	ADV
fbem-511	231	29	related	relate	VERB
fbem-511	231	30	to	to	ADP
fbem-511	231	31	the	the	DET
fbem-511	231	32	real	real	ADJ
fbem-511	231	33	economy	economy	NOUN
fbem-511	231	34	.	.	PUNCT
fbem-511	232	1	at	at	ADP
fbem-511	232	2	the	the	DET
fbem-511	232	3	same	same	ADJ
fbem-511	232	4	time	time	NOUN
fbem-511	232	5	,	,	PUNCT
fbem-511	232	6	the	the	DET
fbem-511	232	7	investment	investment	NOUN
fbem-511	232	8	of	of	ADP
fbem-511	232	9	foreign	foreign	ADJ
fbem-511	232	10	exchange	exchange	NOUN
fbem-511	232	11	reserves	reserve	NOUN
fbem-511	232	12	should	should	AUX
fbem-511	232	13	also	also	ADV
fbem-511	232	14	be	be	AUX
fbem-511	232	15	more	more	ADV
fbem-511	232	16	diversified	diversified	ADJ
fbem-511	232	17	,	,	PUNCT
fbem-511	232	18	trying	try	VERB
fbem-511	232	19	to	to	PART
fbem-511	232	20	find	find	VERB
fbem-511	232	21	a	a	DET
fbem-511	232	22	balance	balance	NOUN
fbem-511	232	23	between	between	ADP
fbem-511	232	24	investment	investment	NOUN
fbem-511	232	25	safety	safety	NOUN
fbem-511	232	26	and	and	CCONJ
fbem-511	232	27	profitability	profitability	NOUN
fbem-511	232	28	.	.	PUNCT
fbem-511	233	1	first	first	ADV
fbem-511	233	2	,	,	PUNCT
fbem-511	233	3	when	when	SCONJ
fbem-511	233	4	the	the	DET
fbem-511	233	5	imf	imf	PROPN
fbem-511	233	6	is	be	AUX
fbem-511	233	7	ready	ready	ADJ
fbem-511	233	8	to	to	PART
fbem-511	233	9	increase	increase	VERB
fbem-511	233	10	its	its	PRON
fbem-511	233	11	capital	capital	NOUN
fbem-511	233	12	position	position	NOUN
fbem-511	233	13	,	,	PUNCT
fbem-511	233	14	china	china	PROPN
fbem-511	233	15	can	can	AUX
fbem-511	233	16	provide	provide	VERB
fbem-511	233	17	funds	fund	NOUN
fbem-511	233	18	to	to	ADP
fbem-511	233	19	the	the	DET
fbem-511	233	20	imf	imf	PROPN
fbem-511	233	21	by	by	ADP
fbem-511	233	22	purchasing	purchase	VERB
fbem-511	233	23	imf	imf	PROPN
fbem-511	233	24	bonds	bond	NOUN
fbem-511	233	25	,	,	PUNCT
fbem-511	233	26	so	so	SCONJ
fbem-511	233	27	as	as	SCONJ
fbem-511	233	28	to	to	PART
fbem-511	233	29	increase	increase	VERB
fbem-511	233	30	china	china	PROPN
fbem-511	233	31	's	's	PART
fbem-511	233	32	contribution	contribution	NOUN
fbem-511	233	33	proportion	proportion	NOUN
fbem-511	233	34	and	and	CCONJ
fbem-511	233	35	voting	voting	NOUN
fbem-511	233	36	share	share	NOUN
fbem-511	233	37	in	in	ADP
fbem-511	233	38	the	the	DET
fbem-511	233	39	imf	imf	PROPN
fbem-511	233	40	.	.	PUNCT
fbem-511	234	1	second	second	PROPN
fbem-511	234	2	,	,	PUNCT
fbem-511	234	3	china	china	PROPN
fbem-511	234	4	can	can	AUX
fbem-511	234	5	increase	increase	VERB
fbem-511	234	6	investment	investment	NOUN
fbem-511	234	7	in	in	ADP
fbem-511	234	8	overseas	overseas	ADJ
fbem-511	234	9	oil	oil	NOUN
fbem-511	234	10	,	,	PUNCT
fbem-511	234	11	natural	natural	ADJ
fbem-511	234	12	gas	gas	NOUN
fbem-511	234	13	,	,	PUNCT
fbem-511	234	14	iron	iron	NOUN
fbem-511	234	15	ore	ore	NOUN
fbem-511	234	16	,	,	PUNCT
fbem-511	234	17	copper	copper	NOUN
fbem-511	234	18	ore	ore	NOUN
fbem-511	234	19	and	and	CCONJ
fbem-511	234	20	other	other	ADJ
fbem-511	234	21	resource	resource	NOUN
fbem-511	234	22	-	-	PUNCT
fbem-511	234	23	based	base	VERB
fbem-511	234	24	enterprises	enterprise	NOUN
fbem-511	234	25	and	and	CCONJ
fbem-511	234	26	projects	project	NOUN
fbem-511	234	27	,	,	PUNCT
fbem-511	234	28	build	build	VERB
fbem-511	234	29	a	a	DET
fbem-511	234	30	stable	stable	ADJ
fbem-511	234	31	and	and	CCONJ
fbem-511	234	32	sustainable	sustainable	ADJ
fbem-511	234	33	energy	energy	NOUN
fbem-511	234	34	and	and	CCONJ
fbem-511	234	35	raw	raw	ADJ
fbem-511	234	36	material	material	NOUN
fbem-511	234	37	import	import	NOUN
fbem-511	234	38	base	base	NOUN
fbem-511	234	39	,	,	PUNCT
fbem-511	234	40	and	and	CCONJ
fbem-511	234	41	use	use	VERB
fbem-511	234	42	china	china	PROPN
fbem-511	234	43	's	's	PART
fbem-511	234	44	sovereign	sovereign	ADJ
fbem-511	234	45	wealth	wealth	NOUN
fbem-511	234	46	to	to	PART
fbem-511	234	47	develop	develop	VERB
fbem-511	234	48	china	china	PROPN
fbem-511	234	49	's	's	PART
fbem-511	234	50	economy	economy	NOUN
fbem-511	234	51	.	.	PUNCT
fbem-511	235	1	third	third	ADV
fbem-511	235	2	,	,	PUNCT
fbem-511	235	3	china	china	PROPN
fbem-511	235	4	should	should	AUX
fbem-511	235	5	increase	increase	VERB
fbem-511	235	6	the	the	DET
fbem-511	235	7	purchase	purchase	NOUN
fbem-511	235	8	of	of	ADP
fbem-511	235	9	overseas	overseas	ADJ
fbem-511	235	10	assets	asset	NOUN
fbem-511	235	11	such	such	ADJ
fbem-511	235	12	as	as	ADP
fbem-511	235	13	non	non	ADJ
fbem-511	235	14	-	-	ADJ
fbem-511	235	15	ferrous	ferrous	ADJ
fbem-511	235	16	metals	metal	NOUN
fbem-511	235	17	,	,	PUNCT
fbem-511	235	18	energy	energy	NOUN
fbem-511	235	19	and	and	CCONJ
fbem-511	235	20	mineral	mineral	NOUN
fbem-511	235	21	products	product	NOUN
fbem-511	235	22	,	,	PUNCT
fbem-511	235	23	and	and	CCONJ
fbem-511	235	24	expand	expand	VERB
fbem-511	235	25	the	the	DET
fbem-511	235	26	scale	scale	NOUN
fbem-511	235	27	of	of	ADP
fbem-511	235	28	national	national	ADJ
fbem-511	235	29	reserves	reserve	NOUN
fbem-511	235	30	of	of	ADP
fbem-511	235	31	important	important	ADJ
fbem-511	235	32	strategic	strategic	ADJ
fbem-511	235	33	resources	resource	NOUN
fbem-511	235	34	.	.	PUNCT
fbem-511	236	1	at	at	ADP
fbem-511	236	2	the	the	DET
fbem-511	236	3	same	same	ADJ
fbem-511	236	4	time	time	NOUN
fbem-511	236	5	,	,	PUNCT
fbem-511	236	6	using	use	VERB
fbem-511	236	7	some	some	DET
fbem-511	236	8	foreign	foreign	ADJ
fbem-511	236	9	exchange	exchange	NOUN
fbem-511	236	10	reserves	reserve	NOUN
fbem-511	236	11	to	to	PART
fbem-511	236	12	purchase	purchase	VERB
fbem-511	236	13	from	from	ADP
fbem-511	236	14	the	the	DET
fbem-511	236	15	international	international	ADJ
fbem-511	236	16	market	market	NOUN
fbem-511	236	17	will	will	AUX
fbem-511	236	18	help	help	VERB
fbem-511	236	19	cultivate	cultivate	VERB
fbem-511	236	20	advanced	advanced	ADJ
fbem-511	236	21	equipment	equipment	NOUN
fbem-511	236	22	and	and	CCONJ
fbem-511	236	23	high	high	ADJ
fbem-511	236	24	-	-	PUNCT
fbem-511	236	25	tech	tech	NOUN
fbem-511	236	26	products	product	NOUN
fbem-511	236	27	for	for	ADP
fbem-511	236	28	domestic	domestic	ADJ
fbem-511	236	29	industrial	industrial	ADJ
fbem-511	236	30	upgrading	upgrading	NOUN
fbem-511	236	31	and	and	CCONJ
fbem-511	236	32	independent	independent	ADJ
fbem-511	236	33	innovation	innovation	NOUN
fbem-511	236	34	,	,	PUNCT
fbem-511	236	35	and	and	CCONJ
fbem-511	236	36	improve	improve	VERB
fbem-511	236	37	china	china	PROPN
fbem-511	236	38	's	's	PART
fbem-511	236	39	technical	technical	ADJ
fbem-511	236	40	equipment	equipment	NOUN
fbem-511	236	41	level	level	NOUN
fbem-511	236	42	.	.	PUNCT
fbem-511	237	1	in	in	ADP
fbem-511	237	2	addition	addition	NOUN
fbem-511	237	3	,	,	PUNCT
fbem-511	237	4	while	while	SCONJ
fbem-511	237	5	reducing	reduce	VERB
fbem-511	237	6	the	the	DET
fbem-511	237	7	scale	scale	NOUN
fbem-511	237	8	of	of	ADP
fbem-511	237	9	fixed	fix	VERB
fbem-511	237	10	income	income	NOUN
fbem-511	237	11	dollar	dollar	NOUN
fbem-511	237	12	assets	asset	NOUN
fbem-511	237	13	,	,	PUNCT
fbem-511	237	14	china	china	PROPN
fbem-511	237	15	should	should	AUX
fbem-511	237	16	also	also	ADV
fbem-511	237	17	expand	expand	VERB
fbem-511	237	18	its	its	PRON
fbem-511	237	19	investment	investment	NOUN
fbem-511	237	20	in	in	ADP
fbem-511	237	21	creditor	creditor	NOUN
fbem-511	237	22	's	's	PART
fbem-511	237	23	rights	right	NOUN
fbem-511	237	24	of	of	ADP
fbem-511	237	25	fast	fast	ADV
fbem-511	237	26	-	-	PUNCT
fbem-511	237	27	growing	grow	VERB
fbem-511	237	28	emerging	emerge	VERB
fbem-511	237	29	market	market	NOUN
fbem-511	237	30	countries	country	NOUN
fbem-511	237	31	and	and	CCONJ
fbem-511	237	32	increase	increase	VERB
fbem-511	237	33	its	its	PRON
fbem-511	237	34	investment	investment	NOUN
fbem-511	237	35	in	in	ADP
fbem-511	237	36	anti	anti	ADJ
fbem-511	237	37	inflation	inflation	NOUN
fbem-511	237	38	assets	asset	NOUN
fbem-511	237	39	such	such	ADJ
fbem-511	237	40	as	as	ADP
fbem-511	237	41	stocks	stock	NOUN
fbem-511	237	42	and	and	CCONJ
fbem-511	237	43	equity	equity	NOUN
fbem-511	237	44	with	with	ADP
fbem-511	237	45	stable	stable	ADJ
fbem-511	237	46	returns	return	NOUN
fbem-511	237	47	.	.	PUNCT
fbem-511	238	1	4.8	4.8	NUM
fbem-511	238	2	.	.	PUNCT
fbem-511	239	1	strengthen	strengthen	VERB
fbem-511	239	2	the	the	DET
fbem-511	239	3	"	"	PUNCT
fbem-511	239	4	conditionality	conditionality	NOUN
fbem-511	239	5	"	"	PUNCT
fbem-511	239	6	of	of	ADP
fbem-511	239	7	increasing	increase	VERB
fbem-511	239	8	us	we	PRON
fbem-511	239	9	dollar	dollar	NOUN
fbem-511	239	10	assets	asset	NOUN
fbem-511	239	11	in	in	ADP
fbem-511	239	12	the	the	DET
fbem-511	239	13	context	context	NOUN
fbem-511	239	14	of	of	ADP
fbem-511	239	15	quantitative	quantitative	ADJ
fbem-511	239	16	easing	easing	NOUN
fbem-511	239	17	,	,	PUNCT
fbem-511	239	18	there	there	PRON
fbem-511	239	19	is	be	VERB
fbem-511	239	20	a	a	DET
fbem-511	239	21	great	great	ADJ
fbem-511	239	22	risk	risk	NOUN
fbem-511	239	23	for	for	SCONJ
fbem-511	239	24	china	china	PROPN
fbem-511	239	25	to	to	PART
fbem-511	239	26	continue	continue	VERB
fbem-511	239	27	to	to	PART
fbem-511	239	28	increase	increase	VERB
fbem-511	239	29	its	its	PRON
fbem-511	239	30	holdings	holding	NOUN
fbem-511	239	31	of	of	ADP
fbem-511	239	32	us	us	PROPN
fbem-511	239	33	treasury	treasury	NOUN
fbem-511	239	34	bonds	bond	NOUN
fbem-511	239	35	.	.	PUNCT
fbem-511	240	1	when	when	SCONJ
fbem-511	240	2	increasing	increase	VERB
fbem-511	240	3	its	its	PRON
fbem-511	240	4	holdings	holding	NOUN
fbem-511	240	5	of	of	ADP
fbem-511	240	6	us	us	PROPN
fbem-511	240	7	dollar	dollar	NOUN
fbem-511	240	8	assets	asset	NOUN
fbem-511	240	9	,	,	PUNCT
fbem-511	240	10	the	the	DET
fbem-511	240	11	chinese	chinese	ADJ
fbem-511	240	12	government	government	NOUN
fbem-511	240	13	can	can	AUX
fbem-511	240	14	put	put	VERB
fbem-511	240	15	pressure	pressure	NOUN
fbem-511	240	16	on	on	ADP
fbem-511	240	17	the	the	DET
fbem-511	240	18	united	united	PROPN
fbem-511	240	19	states	states	PROPN
fbem-511	240	20	and	and	CCONJ
fbem-511	240	21	attach	attach	VERB
fbem-511	240	22	some	some	DET
fbem-511	240	23	specific	specific	ADJ
fbem-511	240	24	conditions	condition	NOUN
fbem-511	240	25	.	.	PUNCT
fbem-511	241	1	for	for	ADP
fbem-511	241	2	example	example	NOUN
fbem-511	241	3	,	,	PUNCT
fbem-511	241	4	the	the	DET
fbem-511	241	5	policy	policy	NOUN
fbem-511	241	6	of	of	ADP
fbem-511	241	7	requiring	require	VERB
fbem-511	241	8	the	the	DET
fbem-511	241	9	us	us	PROPN
fbem-511	241	10	treasury	treasury	PROPN
fbem-511	241	11	department	department	PROPN
fbem-511	241	12	to	to	PART
fbem-511	241	13	redeem	redeem	VERB
fbem-511	241	14	under	under	ADP
fbem-511	241	15	specific	specific	ADJ
fbem-511	241	16	conditions	condition	NOUN
fbem-511	241	17	or	or	CCONJ
fbem-511	241	18	requiring	require	VERB
fbem-511	241	19	the	the	DET
fbem-511	241	20	us	us	PROPN
fbem-511	241	21	federal	federal	ADJ
fbem-511	241	22	government	government	NOUN
fbem-511	241	23	to	to	PART
fbem-511	241	24	promote	promote	VERB
fbem-511	241	25	congress	congress	PROPN
fbem-511	241	26	to	to	PART
fbem-511	241	27	reduce	reduce	VERB
fbem-511	241	28	trade	trade	NOUN
fbem-511	241	29	and	and	CCONJ
fbem-511	241	30	investment	investment	NOUN
fbem-511	241	31	protectionism	protectionism	NOUN
fbem-511	241	32	against	against	ADP
fbem-511	241	33	china	china	PROPN
fbem-511	241	34	and	and	CCONJ
fbem-511	241	35	relax	relax	VERB
fbem-511	241	36	restrictions	restriction	NOUN
fbem-511	241	37	on	on	ADP
fbem-511	241	38	the	the	DET
fbem-511	241	39	transfer	transfer	NOUN
fbem-511	241	40	of	of	ADP
fbem-511	241	41	high	high	ADJ
fbem-511	241	42	-	-	PUNCT
fbem-511	241	43	tech	tech	NOUN
fbem-511	241	44	and	and	CCONJ
fbem-511	241	45	advanced	advanced	ADJ
fbem-511	241	46	equipment	equipment	NOUN
fbem-511	241	47	.	.	PUNCT
fbem-511	242	1	in	in	ADP
fbem-511	242	2	addition	addition	NOUN
fbem-511	242	3	,	,	PUNCT
fbem-511	242	4	it	it	PRON
fbem-511	242	5	is	be	AUX
fbem-511	242	6	also	also	ADV
fbem-511	242	7	required	require	VERB
fbem-511	242	8	that	that	SCONJ
fbem-511	242	9	the	the	DET
fbem-511	242	10	united	united	PROPN
fbem-511	242	11	states	states	PROPN
fbem-511	242	12	should	should	AUX
fbem-511	242	13	significantly	significantly	ADV
fbem-511	242	14	reduce	reduce	VERB
fbem-511	242	15	its	its	PRON
fbem-511	242	16	fiscal	fiscal	ADJ
fbem-511	242	17	deficit	deficit	NOUN
fbem-511	242	18	after	after	ADP
fbem-511	242	19	economic	economic	ADJ
fbem-511	242	20	recovery	recovery	NOUN
fbem-511	242	21	,	,	PUNCT
fbem-511	242	22	so	so	SCONJ
fbem-511	242	23	as	as	SCONJ
fbem-511	242	24	to	to	PART
fbem-511	242	25	effectively	effectively	ADV
fbem-511	242	26	ensure	ensure	VERB
fbem-511	242	27	that	that	SCONJ
fbem-511	242	28	china	china	PROPN
fbem-511	242	29	's	's	PART
fbem-511	242	30	u.s	u.s	PROPN
fbem-511	242	31	.	.	PROPN
fbem-511	242	32	treasury	treasury	PROPN
fbem-511	242	33	bonds	bond	NOUN
fbem-511	242	34	do	do	AUX
fbem-511	242	35	not	not	PART
fbem-511	242	36	depreciate	depreciate	VERB
fbem-511	242	37	significantly	significantly	ADV
fbem-511	242	38	.	.	PUNCT
fbem-511	243	1	4.9	4.9	NUM
fbem-511	243	2	.	.	PUNCT
fbem-511	244	1	strengthen	strengthen	VERB
fbem-511	244	2	international	international	ADJ
fbem-511	244	3	cooperation	cooperation	NOUN
fbem-511	244	4	and	and	CCONJ
fbem-511	244	5	impose	impose	VERB
fbem-511	244	6	constraints	constraint	NOUN
fbem-511	244	7	on	on	ADP
fbem-511	244	8	us	us	PROPN
fbem-511	244	9	policies	policy	NOUN
fbem-511	244	10	in	in	ADP
fbem-511	244	11	order	order	NOUN
fbem-511	244	12	to	to	PART
fbem-511	244	13	improve	improve	VERB
fbem-511	244	14	china	china	PROPN
fbem-511	244	15	's	's	PART
fbem-511	244	16	international	international	ADJ
fbem-511	244	17	status	status	NOUN
fbem-511	244	18	and	and	CCONJ
fbem-511	244	19	protect	protect	VERB
fbem-511	244	20	its	its	PRON
fbem-511	244	21	own	own	ADJ
fbem-511	244	22	interests	interest	NOUN
fbem-511	244	23	from	from	ADP
fbem-511	244	24	damage	damage	NOUN
fbem-511	244	25	,	,	PUNCT
fbem-511	244	26	china	china	PROPN
fbem-511	244	27	should	should	AUX
fbem-511	244	28	continue	continue	VERB
fbem-511	244	29	to	to	PART
fbem-511	244	30	increase	increase	VERB
fbem-511	244	31	its	its	PRON
fbem-511	244	32	foreign	foreign	ADJ
fbem-511	244	33	voice	voice	NOUN
fbem-511	244	34	and	and	CCONJ
fbem-511	244	35	strive	strive	VERB
fbem-511	244	36	to	to	PART
fbem-511	244	37	play	play	VERB
fbem-511	244	38	a	a	DET
fbem-511	244	39	more	more	ADV
fbem-511	244	40	important	important	ADJ
fbem-511	244	41	role	role	NOUN
fbem-511	244	42	in	in	ADP
fbem-511	244	43	maintaining	maintain	VERB
fbem-511	244	44	the	the	DET
fbem-511	244	45	stability	stability	NOUN
fbem-511	244	46	of	of	ADP
fbem-511	244	47	the	the	DET
fbem-511	244	48	international	international	ADJ
fbem-511	244	49	financial	financial	ADJ
fbem-511	244	50	system	system	NOUN
fbem-511	244	51	.	.	PUNCT
fbem-511	245	1	in	in	ADP
fbem-511	245	2	dealing	deal	VERB
fbem-511	245	3	with	with	ADP
fbem-511	245	4	the	the	DET
fbem-511	245	5	negative	negative	ADJ
fbem-511	245	6	impact	impact	NOUN
fbem-511	245	7	of	of	ADP
fbem-511	245	8	the	the	DET
fbem-511	245	9	us	us	PROPN
fbem-511	245	10	quantitative	quantitative	ADJ
fbem-511	245	11	easing	ease	VERB
fbem-511	245	12	policy	policy	NOUN
fbem-511	245	13	,	,	PUNCT
fbem-511	245	14	china	china	PROPN
fbem-511	245	15	should	should	AUX
fbem-511	245	16	strengthen	strengthen	VERB
fbem-511	245	17	cooperation	cooperation	NOUN
fbem-511	245	18	with	with	ADP
fbem-511	245	19	the	the	DET
fbem-511	245	20	international	international	ADJ
fbem-511	245	21	community	community	NOUN
fbem-511	245	22	.	.	PUNCT
fbem-511	246	1	as	as	SCONJ
fbem-511	246	2	the	the	DET
fbem-511	246	3	depreciation	depreciation	NOUN
fbem-511	246	4	of	of	ADP
fbem-511	246	5	the	the	DET
fbem-511	246	6	us	us	PROPN
fbem-511	246	7	dollar	dollar	NOUN
fbem-511	246	8	not	not	PART
fbem-511	246	9	only	only	ADV
fbem-511	246	10	damages	damage	VERB
fbem-511	246	11	china	china	PROPN
fbem-511	246	12	's	's	PART
fbem-511	246	13	interests	interest	NOUN
fbem-511	246	14	,	,	PUNCT
fbem-511	246	15	but	but	CCONJ
fbem-511	246	16	also	also	ADV
fbem-511	246	17	the	the	DET
fbem-511	246	18	interests	interest	NOUN
fbem-511	246	19	of	of	ADP
fbem-511	246	20	most	most	ADJ
fbem-511	246	21	countries	country	NOUN
fbem-511	246	22	and	and	CCONJ
fbem-511	246	23	economies	economy	NOUN
fbem-511	246	24	in	in	ADP
fbem-511	246	25	the	the	DET
fbem-511	246	26	world	world	NOUN
fbem-511	246	27	,	,	PUNCT
fbem-511	246	28	china	china	PROPN
fbem-511	246	29	should	should	AUX
fbem-511	246	30	closely	closely	ADV
fbem-511	246	31	contact	contact	VERB
fbem-511	246	32	emerging	emerge	VERB
fbem-511	246	33	economies	economy	NOUN
fbem-511	246	34	,	,	PUNCT
fbem-511	246	35	strengthen	strengthen	VERB
fbem-511	246	36	policy	policy	NOUN
fbem-511	246	37	coordination	coordination	NOUN
fbem-511	246	38	,	,	PUNCT
fbem-511	246	39	fight	fight	VERB
fbem-511	246	40	with	with	ADP
fbem-511	246	41	the	the	DET
fbem-511	246	42	united	united	PROPN
fbem-511	246	43	states	states	PROPN
fbem-511	246	44	with	with	ADP
fbem-511	246	45	reasonable	reasonable	ADJ
fbem-511	246	46	reasons	reason	NOUN
fbem-511	246	47	,	,	PUNCT
fbem-511	246	48	and	and	CCONJ
fbem-511	246	49	strengthen	strengthen	VERB
fbem-511	246	50	the	the	DET
fbem-511	246	51	restriction	restriction	NOUN
fbem-511	246	52	on	on	ADP
fbem-511	246	53	the	the	DET
fbem-511	246	54	us	us	PROPN
fbem-511	246	55	policy	policy	NOUN
fbem-511	246	56	,	,	PUNCT
fbem-511	246	57	so	so	SCONJ
fbem-511	246	58	as	as	SCONJ
fbem-511	246	59	to	to	PART
fbem-511	246	60	reduce	reduce	VERB
fbem-511	246	61	the	the	DET
fbem-511	246	62	adverse	adverse	ADJ
fbem-511	246	63	impact	impact	NOUN
fbem-511	246	64	of	of	ADP
fbem-511	246	65	the	the	DET
fbem-511	246	66	us	us	PROPN
fbem-511	246	67	quantitative	quantitative	ADJ
fbem-511	246	68	easing	ease	VERB
fbem-511	246	69	monetary	monetary	ADJ
fbem-511	246	70	policy	policy	NOUN
fbem-511	246	71	.	.	PUNCT
fbem-511	247	1	5	5	X
fbem-511	247	2	.	.	X
fbem-511	247	3	conclusion	conclusion	NOUN
fbem-511	247	4	the	the	DET
fbem-511	247	5	us	us	PROPN
fbem-511	247	6	dollar	dollar	NOUN
fbem-511	247	7	is	be	AUX
fbem-511	247	8	in	in	ADP
fbem-511	247	9	a	a	DET
fbem-511	247	10	leading	lead	VERB
fbem-511	247	11	and	and	CCONJ
fbem-511	247	12	dominant	dominant	ADJ
fbem-511	247	13	position	position	NOUN
fbem-511	247	14	in	in	ADP
fbem-511	247	15	the	the	DET
fbem-511	247	16	current	current	ADJ
fbem-511	247	17	international	international	ADJ
fbem-511	247	18	monetary	monetary	ADJ
fbem-511	247	19	system	system	NOUN
fbem-511	247	20	.	.	PUNCT
fbem-511	248	1	the	the	DET
fbem-511	248	2	dominance	dominance	NOUN
fbem-511	248	3	of	of	ADP
fbem-511	248	4	the	the	DET
fbem-511	248	5	us	us	PROPN
fbem-511	248	6	dollar	dollar	NOUN
fbem-511	248	7	leads	lead	VERB
fbem-511	248	8	to	to	ADP
fbem-511	248	9	two	two	NUM
fbem-511	248	10	contradictions	contradiction	NOUN
fbem-511	248	11	:	:	PUNCT
fbem-511	248	12	first	first	ADV
fbem-511	248	13	,	,	PUNCT
fbem-511	248	14	if	if	SCONJ
fbem-511	248	15	the	the	DET
fbem-511	248	16	united	united	PROPN
fbem-511	248	17	states	states	PROPN
fbem-511	248	18	wants	want	VERB
fbem-511	248	19	to	to	PART
fbem-511	248	20	maintain	maintain	VERB
fbem-511	248	21	the	the	DET
fbem-511	248	22	international	international	ADJ
fbem-511	248	23	status	status	NOUN
fbem-511	248	24	of	of	ADP
fbem-511	248	25	the	the	DET
fbem-511	248	26	us	us	PROPN
fbem-511	248	27	dollar	dollar	NOUN
fbem-511	248	28	,	,	PUNCT
fbem-511	248	29	it	it	PRON
fbem-511	248	30	needs	need	VERB
fbem-511	248	31	to	to	PART
fbem-511	248	32	provide	provide	VERB
fbem-511	248	33	commodity	commodity	NOUN
fbem-511	248	34	sales	sale	NOUN
fbem-511	248	35	places	place	NOUN
fbem-511	248	36	for	for	ADP
fbem-511	248	37	other	other	ADJ
fbem-511	248	38	countries	country	NOUN
fbem-511	248	39	and	and	CCONJ
fbem-511	248	40	maintain	maintain	VERB
fbem-511	248	41	the	the	DET
fbem-511	248	42	balance	balance	NOUN
fbem-511	248	43	of	of	ADP
fbem-511	248	44	payments	payment	NOUN
fbem-511	248	45	deficit	deficit	NOUN
fbem-511	248	46	,	,	PUNCT
fbem-511	248	47	so	so	SCONJ
fbem-511	248	48	as	as	SCONJ
fbem-511	248	49	to	to	PART
fbem-511	248	50	provide	provide	VERB
fbem-511	248	51	us	we	PRON
fbem-511	248	52	dollar	dollar	NOUN
fbem-511	248	53	liquidity	liquidity	NOUN
fbem-511	248	54	for	for	ADP
fbem-511	248	55	the	the	DET
fbem-511	248	56	international	international	ADJ
fbem-511	248	57	monetary	monetary	ADJ
fbem-511	248	58	system	system	NOUN
fbem-511	248	59	.	.	PUNCT
fbem-511	249	1	however	however	ADV
fbem-511	249	2	,	,	PUNCT
fbem-511	249	3	the	the	DET
fbem-511	249	4	continued	continue	VERB
fbem-511	249	5	balance	balance	NOUN
fbem-511	249	6	of	of	ADP
fbem-511	249	7	payments	payment	NOUN
fbem-511	249	8	deficit	deficit	NOUN
fbem-511	249	9	of	of	ADP
fbem-511	249	10	the	the	DET
fbem-511	249	11	united	united	PROPN
fbem-511	249	12	states	states	PROPN
fbem-511	249	13	will	will	AUX
fbem-511	249	14	lead	lead	VERB
fbem-511	249	15	to	to	ADP
fbem-511	249	16	global	global	ADJ
fbem-511	249	17	economic	economic	ADJ
fbem-511	249	18	imbalance	imbalance	NOUN
fbem-511	249	19	,	,	PUNCT
fbem-511	249	20	weakening	weaken	VERB
fbem-511	249	21	confidence	confidence	NOUN
fbem-511	249	22	in	in	ADP
fbem-511	249	23	the	the	DET
fbem-511	249	24	dollar	dollar	NOUN
fbem-511	249	25	and	and	CCONJ
fbem-511	249	26	the	the	DET
fbem-511	249	27	balance	balance	NOUN
fbem-511	249	28	of	of	ADP
fbem-511	249	29	payments	payment	NOUN
fbem-511	249	30	crisis	crisis	NOUN
fbem-511	249	31	of	of	ADP
fbem-511	249	32	the	the	DET
fbem-511	249	33	united	united	PROPN
fbem-511	249	34	states	states	PROPN
fbem-511	249	35	,	,	PUNCT
fbem-511	249	36	resulting	result	VERB
fbem-511	249	37	in	in	ADP
fbem-511	249	38	the	the	DET
fbem-511	249	39	decline	decline	NOUN
fbem-511	249	40	of	of	ADP
fbem-511	249	41	the	the	DET
fbem-511	249	42	status	status	NOUN
fbem-511	249	43	of	of	ADP
fbem-511	249	44	the	the	DET
fbem-511	249	45	dollar	dollar	NOUN
fbem-511	249	46	in	in	ADP
fbem-511	249	47	the	the	DET
fbem-511	249	48	international	international	ADJ
fbem-511	249	49	monetary	monetary	ADJ
fbem-511	249	50	system	system	NOUN
fbem-511	249	51	.	.	PUNCT
fbem-511	250	1	second	second	ADJ
fbem-511	250	2	,	,	PUNCT
fbem-511	250	3	the	the	DET
fbem-511	250	4	us	us	PROPN
fbem-511	250	5	economy	economy	NOUN
fbem-511	250	6	is	be	AUX
fbem-511	250	7	one	one	NUM
fbem-511	250	8	of	of	ADP
fbem-511	250	9	the	the	DET
fbem-511	250	10	main	main	ADJ
fbem-511	250	11	objectives	objective	NOUN
fbem-511	250	12	of	of	ADP
fbem-511	250	13	us	us	PROPN
fbem-511	250	14	monetary	monetary	ADJ
fbem-511	250	15	policy	policy	NOUN
fbem-511	250	16	services	service	NOUN
fbem-511	250	17	,	,	PUNCT
fbem-511	250	18	and	and	CCONJ
fbem-511	250	19	the	the	DET
fbem-511	250	20	us	us	PROPN
fbem-511	250	21	dollar	dollar	NOUN
fbem-511	250	22	is	be	AUX
fbem-511	250	23	a	a	DET
fbem-511	250	24	global	global	ADJ
fbem-511	250	25	currency	currency	NOUN
fbem-511	250	26	,	,	PUNCT
fbem-511	250	27	which	which	PRON
fbem-511	250	28	is	be	AUX
fbem-511	250	29	enough	enough	ADJ
fbem-511	250	30	to	to	PART
fbem-511	250	31	affect	affect	VERB
fbem-511	250	32	the	the	DET
fbem-511	250	33	global	global	ADJ
fbem-511	250	34	economy	economy	NOUN
fbem-511	250	35	.	.	PUNCT
fbem-511	251	1	when	when	SCONJ
fbem-511	251	2	the	the	DET
fbem-511	251	3	two	two	NUM
fbem-511	251	4	are	be	AUX
fbem-511	251	5	inconsistent	inconsistent	ADJ
fbem-511	251	6	,	,	PUNCT
fbem-511	251	7	the	the	DET
fbem-511	251	8	united	united	PROPN
fbem-511	251	9	states	states	PROPN
fbem-511	251	10	is	be	AUX
fbem-511	251	11	bound	bind	VERB
fbem-511	251	12	to	to	PART
fbem-511	251	13	choose	choose	VERB
fbem-511	251	14	the	the	DET
fbem-511	251	15	former	former	NOUN
fbem-511	251	16	,	,	PUNCT
fbem-511	251	17	which	which	PRON
fbem-511	251	18	will	will	AUX
fbem-511	251	19	have	have	VERB
fbem-511	251	20	an	an	DET
fbem-511	251	21	impact	impact	NOUN
fbem-511	251	22	on	on	ADP
fbem-511	251	23	the	the	DET
fbem-511	251	24	economies	economy	NOUN
fbem-511	251	25	of	of	ADP
fbem-511	251	26	other	other	ADJ
fbem-511	251	27	countries	country	NOUN
fbem-511	251	28	.	.	PUNCT
fbem-511	252	1	at	at	ADP
fbem-511	252	2	present	present	ADJ
fbem-511	252	3	,	,	PUNCT
fbem-511	252	4	the	the	DET
fbem-511	252	5	spillover	spillover	ADJ
fbem-511	252	6	effect	effect	NOUN
fbem-511	252	7	of	of	ADP
fbem-511	252	8	us	us	PROPN
fbem-511	252	9	monetary	monetary	ADJ
fbem-511	252	10	policy	policy	NOUN
fbem-511	252	11	on	on	ADP
fbem-511	252	12	china	china	PROPN
fbem-511	252	13	is	be	AUX
fbem-511	252	14	relatively	relatively	ADV
fbem-511	252	15	significant	significant	ADJ
fbem-511	252	16	.	.	PUNCT
fbem-511	253	1	this	this	PRON
fbem-511	253	2	has	have	VERB
fbem-511	253	3	a	a	DET
fbem-511	253	4	lot	lot	NOUN
fbem-511	253	5	to	to	PART
fbem-511	253	6	do	do	VERB
fbem-511	253	7	with	with	ADP
fbem-511	253	8	china	china	PROPN
fbem-511	253	9	's	's	PART
fbem-511	253	10	current	current	ADJ
fbem-511	253	11	relatively	relatively	ADV
fbem-511	253	12	fixed	fix	VERB
fbem-511	253	13	exchange	exchange	NOUN
fbem-511	253	14	rate	rate	NOUN
fbem-511	253	15	of	of	ADP
fbem-511	253	16	rmb	rmb	NOUN
fbem-511	253	17	against	against	ADP
fbem-511	253	18	the	the	DET
fbem-511	253	19	us	us	PROPN
fbem-511	253	20	dollar	dollar	NOUN
fbem-511	253	21	.	.	PUNCT
fbem-511	254	1	when	when	SCONJ
fbem-511	254	2	china	china	PROPN
fbem-511	254	3	needs	need	VERB
fbem-511	254	4	rapid	rapid	ADJ
fbem-511	254	5	industrialization	industrialization	NOUN
fbem-511	254	6	and	and	CCONJ
fbem-511	254	7	absorbs	absorb	VERB
fbem-511	254	8	a	a	DET
fbem-511	254	9	large	large	ADJ
fbem-511	254	10	number	number	NOUN
fbem-511	254	11	of	of	ADP
fbem-511	254	12	surplus	surplus	ADJ
fbem-511	254	13	labor	labor	NOUN
fbem-511	254	14	,	,	PUNCT
fbem-511	254	15	such	such	DET
fbem-511	254	16	an	an	DET
fbem-511	254	17	arrangement	arrangement	NOUN
fbem-511	254	18	has	have	VERB
fbem-511	254	19	its	its	PRON
fbem-511	254	20	merits	merit	NOUN
fbem-511	254	21	.	.	PUNCT
fbem-511	255	1	today	today	NOUN
fbem-511	255	2	,	,	PUNCT
fbem-511	255	3	many	many	ADJ
fbem-511	255	4	phenomena	phenomenon	NOUN
fbem-511	255	5	show	show	VERB
fbem-511	255	6	that	that	SCONJ
fbem-511	255	7	china	china	PROPN
fbem-511	255	8	's	's	PART
fbem-511	255	9	development	development	NOUN
fbem-511	255	10	path	path	NOUN
fbem-511	255	11	and	and	CCONJ
fbem-511	255	12	the	the	DET
fbem-511	255	13	international	international	ADJ
fbem-511	255	14	trading	trading	NOUN
fbem-511	255	15	system	system	NOUN
fbem-511	255	16	should	should	AUX
fbem-511	255	17	be	be	AUX
fbem-511	255	18	changed	change	VERB
fbem-511	255	19	.	.	PUNCT
fbem-511	256	1	in	in	ADP
fbem-511	256	2	china	china	PROPN
fbem-511	256	3	,	,	PUNCT
fbem-511	256	4	industrial	industrial	ADJ
fbem-511	256	5	upgrading	upgrading	NOUN
fbem-511	256	6	is	be	AUX
fbem-511	256	7	required	require	VERB
fbem-511	256	8	,	,	PUNCT
fbem-511	256	9	and	and	CCONJ
fbem-511	256	10	economic	economic	ADJ
fbem-511	256	11	development	development	NOUN
fbem-511	256	12	should	should	AUX
fbem-511	256	13	be	be	AUX
fbem-511	256	14	paid	pay	VERB
fbem-511	256	15	attention	attention	NOUN
fbem-511	256	16	to	to	ADP
fbem-511	256	17	from	from	ADP
fbem-511	256	18	"	"	PUNCT
fbem-511	256	19	quantity	quantity	NOUN
fbem-511	256	20	"	"	PUNCT
fbem-511	256	21	to	to	ADP
fbem-511	256	22	"	"	PUNCT
fbem-511	256	23	quality	quality	NOUN
fbem-511	256	24	"	"	PUNCT
fbem-511	256	25	and	and	CCONJ
fbem-511	256	26	"	"	PUNCT
fbem-511	256	27	quantity	quantity	NOUN
fbem-511	256	28	"	"	PUNCT
fbem-511	256	29	.	.	PUNCT
fbem-511	257	1	externally	externally	ADV
fbem-511	257	2	,	,	PUNCT
fbem-511	257	3	china	china	PROPN
fbem-511	257	4	has	have	AUX
fbem-511	257	5	maintained	maintain	VERB
fbem-511	257	6	a	a	DET
fbem-511	257	7	trade	trade	NOUN
fbem-511	257	8	surplus	surplus	NOUN
fbem-511	257	9	all	all	DET
fbem-511	257	10	year	year	NOUN
fbem-511	257	11	round	round	ADV
fbem-511	257	12	,	,	PUNCT
fbem-511	257	13	even	even	ADV
fbem-511	257	14	a	a	DET
fbem-511	257	15	double	double	ADJ
fbem-511	257	16	surplus	surplus	NOUN
fbem-511	257	17	between	between	ADP
fbem-511	257	18	current	current	ADJ
fbem-511	257	19	account	account	NOUN
fbem-511	257	20	and	and	CCONJ
fbem-511	257	21	capital	capital	NOUN
fbem-511	257	22	account	account	NOUN
fbem-511	257	23	,	,	PUNCT
fbem-511	257	24	accumulated	accumulate	VERB
fbem-511	257	25	a	a	DET
fbem-511	257	26	large	large	ADJ
fbem-511	257	27	amount	amount	NOUN
fbem-511	257	28	of	of	ADP
fbem-511	257	29	foreign	foreign	ADJ
fbem-511	257	30	exchange	exchange	NOUN
fbem-511	257	31	reserves	reserve	NOUN
fbem-511	257	32	,	,	PUNCT
fbem-511	257	33	and	and	CCONJ
fbem-511	257	34	108	108	NUM
fbem-511	257	35	can	can	AUX
fbem-511	257	36	only	only	ADV
fbem-511	257	37	buy	buy	VERB
fbem-511	257	38	low	low	ADJ
fbem-511	257	39	interest	interest	NOUN
fbem-511	257	40	us	us	PROPN
fbem-511	257	41	treasury	treasury	PROPN
fbem-511	257	42	bonds	bond	NOUN
fbem-511	257	43	.	.	PUNCT
fbem-511	258	1	therefore	therefore	ADV
fbem-511	258	2	,	,	PUNCT
fbem-511	258	3	in	in	ADP
fbem-511	258	4	order	order	NOUN
fbem-511	258	5	to	to	PART
fbem-511	258	6	block	block	VERB
fbem-511	258	7	the	the	DET
fbem-511	258	8	spillover	spillover	ADJ
fbem-511	258	9	effect	effect	NOUN
fbem-511	258	10	of	of	ADP
fbem-511	258	11	us	us	PROPN
fbem-511	258	12	monetary	monetary	ADJ
fbem-511	258	13	policy	policy	NOUN
fbem-511	258	14	on	on	ADP
fbem-511	258	15	china	china	PROPN
fbem-511	258	16	,	,	PUNCT
fbem-511	258	17	it	it	PRON
fbem-511	258	18	is	be	AUX
fbem-511	258	19	not	not	PART
fbem-511	258	20	possible	possible	ADJ
fbem-511	258	21	to	to	PART
fbem-511	258	22	take	take	VERB
fbem-511	258	23	measures	measure	NOUN
fbem-511	258	24	in	in	ADP
fbem-511	258	25	one	one	NUM
fbem-511	258	26	aspect	aspect	NOUN
fbem-511	258	27	,	,	PUNCT
fbem-511	258	28	and	and	CCONJ
fbem-511	258	29	many	many	ADJ
fbem-511	258	30	aspects	aspect	NOUN
fbem-511	258	31	need	need	VERB
fbem-511	258	32	to	to	PART
fbem-511	258	33	make	make	VERB
fbem-511	258	34	long	long	ADJ
fbem-511	258	35	-	-	PUNCT
fbem-511	258	36	term	term	NOUN
fbem-511	258	37	and	and	CCONJ
fbem-511	258	38	systematic	systematic	ADJ
fbem-511	258	39	efforts	effort	NOUN
fbem-511	258	40	.	.	PUNCT
fbem-511	259	1	china	china	PROPN
fbem-511	259	2	should	should	AUX
fbem-511	259	3	change	change	VERB
fbem-511	259	4	the	the	DET
fbem-511	259	5	mode	mode	NOUN
fbem-511	259	6	of	of	ADP
fbem-511	259	7	economic	economic	ADJ
fbem-511	259	8	growth	growth	NOUN
fbem-511	259	9	internally	internally	ADV
fbem-511	259	10	,	,	PUNCT
fbem-511	259	11	expand	expand	VERB
fbem-511	259	12	domestic	domestic	ADJ
fbem-511	259	13	demand	demand	NOUN
fbem-511	259	14	and	and	CCONJ
fbem-511	259	15	enhance	enhance	VERB
fbem-511	259	16	the	the	DET
fbem-511	259	17	management	management	NOUN
fbem-511	259	18	and	and	CCONJ
fbem-511	259	19	anti	anti	ADJ
fbem-511	259	20	risk	risk	NOUN
fbem-511	259	21	ability	ability	NOUN
fbem-511	259	22	of	of	ADP
fbem-511	259	23	the	the	DET
fbem-511	259	24	financial	financial	ADJ
fbem-511	259	25	system	system	NOUN
fbem-511	259	26	.	.	PUNCT
fbem-511	260	1	externally	externally	ADV
fbem-511	260	2	,	,	PUNCT
fbem-511	260	3	it	it	PRON
fbem-511	260	4	is	be	AUX
fbem-511	260	5	necessary	necessary	ADJ
fbem-511	260	6	to	to	PART
fbem-511	260	7	implement	implement	VERB
fbem-511	260	8	a	a	DET
fbem-511	260	9	more	more	ADV
fbem-511	260	10	flexible	flexible	ADJ
fbem-511	260	11	floating	float	VERB
fbem-511	260	12	exchange	exchange	NOUN
fbem-511	260	13	rate	rate	NOUN
fbem-511	260	14	system	system	NOUN
fbem-511	260	15	,	,	PUNCT
fbem-511	260	16	improve	improve	VERB
fbem-511	260	17	the	the	DET
fbem-511	260	18	opening	opening	NOUN
fbem-511	260	19	of	of	ADP
fbem-511	260	20	capital	capital	NOUN
fbem-511	260	21	and	and	CCONJ
fbem-511	260	22	financial	financial	ADJ
fbem-511	260	23	accounts	account	NOUN
fbem-511	260	24	,	,	PUNCT
fbem-511	260	25	and	and	CCONJ
fbem-511	260	26	strive	strive	VERB
fbem-511	260	27	to	to	PART
fbem-511	260	28	internationalize	internationalize	VERB
fbem-511	260	29	the	the	DET
fbem-511	260	30	rmb	rmb	NOUN
fbem-511	260	31	.	.	PUNCT
fbem-511	261	1	references	reference	NOUN
fbem-511	261	2	[	[	X
fbem-511	261	3	1	1	NUM
fbem-511	261	4	]	]	X
fbem-511	261	5	adhikari	adhikari	PROPN
fbem-511	261	6	,	,	PUNCT
fbem-511	261	7	d.	d.	PROPN
fbem-511	261	8	(	(	PUNCT
fbem-511	261	9	2017	2017	NUM
fbem-511	261	10	)	)	PUNCT
fbem-511	261	11	.	.	PUNCT
fbem-511	262	1	has	have	AUX
fbem-511	262	2	fed	feed	VERB
fbem-511	262	3	's	's	PART
fbem-511	262	4	polcicy	polcicy	NOUN
fbem-511	262	5	hurt	hurt	VERB
fbem-511	262	6	the	the	DET
fbem-511	262	7	world	world	NOUN
fbem-511	262	8	economy	economy	NOUN
fbem-511	262	9	?	?	PUNCT
fbem-511	263	1	the	the	DET
fbem-511	263	2	journal	journal	NOUN
fbem-511	263	3	of	of	ADP
fbem-511	263	4	developing	develop	VERB
fbem-511	263	5	areas	area	NOUN
fbem-511	263	6	,	,	PUNCT
fbem-511	263	7	361	361	NUM
fbem-511	263	8	-	-	SYM
fbem-511	263	9	373	373	NUM
fbem-511	263	10	.	.	PUNCT
fbem-511	264	1	[	[	X
fbem-511	264	2	2	2	NUM
fbem-511	264	3	]	]	X
fbem-511	264	4	akram	akram	PROPN
fbem-511	264	5	,	,	PUNCT
fbem-511	264	6	q.	q.	PROPN
fbem-511	264	7	(	(	PUNCT
fbem-511	264	8	2009	2009	NUM
fbem-511	264	9	)	)	PUNCT
fbem-511	264	10	.	.	PUNCT
fbem-511	265	1	commodity	commodity	NOUN
fbem-511	265	2	prices	price	NOUN
fbem-511	265	3	,	,	PUNCT
fbem-511	265	4	interest	interest	NOUN
fbem-511	265	5	rates	rate	NOUN
fbem-511	265	6	and	and	CCONJ
fbem-511	265	7	the	the	DET
fbem-511	265	8	dollars	dollar	NOUN
fbem-511	265	9	.	.	PUNCT
fbem-511	266	1	energy	energy	NOUN
fbem-511	266	2	economics	economic	NOUN
fbem-511	266	3	,	,	PUNCT
fbem-511	266	4	31(6),838	31(6),838	NOUN
fbem-511	266	5	-	-	SYM
fbem-511	266	6	851	851	NUM
fbem-511	266	7	.	.	PUNCT
fbem-511	267	1	[	[	X
fbem-511	267	2	3	3	NUM
fbem-511	267	3	]	]	X
fbem-511	267	4	asadullah	asadullah	ADJ
fbem-511	267	5	,	,	PUNCT
fbem-511	267	6	m.	m.	NOUN
fbem-511	267	7	,	,	PUNCT
fbem-511	267	8	cao	cao	PROPN
fbem-511	267	9	,	,	PUNCT
fbem-511	267	10	e.	e.	PROPN
fbem-511	267	11	,	,	PUNCT
fbem-511	267	12	khatoon	khatoon	PROPN
fbem-511	267	13	,	,	PUNCT
fbem-511	267	14	f.	f.	PROPN
fbem-511	267	15	,	,	PUNCT
fbem-511	267	16	&	&	CCONJ
fbem-511	267	17	siddique	siddique	PROPN
fbem-511	267	18	,	,	PUNCT
fbem-511	267	19	z.	z.	PROPN
fbem-511	267	20	(	(	PUNCT
fbem-511	267	21	2020	2020	NUM
fbem-511	267	22	)	)	PUNCT
fbem-511	267	23	.	.	PUNCT
fbem-511	268	1	measuring	measure	VERB
fbem-511	268	2	gender	gender	NOUN
fbem-511	268	3	attitudes	attitude	NOUN
fbem-511	268	4	using	use	VERB
fbem-511	268	5	list	list	NOUN
fbem-511	268	6	experiments	experiment	NOUN
fbem-511	268	7	.	.	PUNCT
fbem-511	269	1	journal	journal	NOUN
fbem-511	269	2	of	of	ADP
fbem-511	269	3	population	population	NOUN
fbem-511	269	4	economics	economic	NOUN
fbem-511	269	5	,	,	PUNCT
fbem-511	269	6	51(1),367	51(1),367	PROPN
fbem-511	269	7	-	-	SYM
fbem-511	269	8	400	400	NUM
fbem-511	269	9	.	.	PUNCT
fbem-511	270	1	[	[	X
fbem-511	270	2	4	4	NUM
fbem-511	270	3	]	]	PUNCT
fbem-511	270	4	bauer	bauer	NOUN
fbem-511	270	5	,	,	PUNCT
fbem-511	270	6	m.	m.	NOUN
fbem-511	270	7	,	,	PUNCT
fbem-511	270	8	&	&	CCONJ
fbem-511	270	9	neely	neely	PROPN
fbem-511	270	10	,	,	PUNCT
fbem-511	270	11	c.	c.	PROPN
fbem-511	270	12	(	(	PUNCT
fbem-511	270	13	2014	2014	NUM
fbem-511	270	14	)	)	PUNCT
fbem-511	270	15	.	.	PUNCT
fbem-511	271	1	international	international	ADJ
fbem-511	271	2	channels	channel	NOUN
fbem-511	271	3	of	of	ADP
fbem-511	271	4	the	the	DET
fbem-511	271	5	fed	fed	PROPN
fbem-511	271	6	's	's	PART
fbem-511	271	7	unconventional	unconventional	ADJ
fbem-511	271	8	monetary	monetary	ADJ
fbem-511	271	9	policy	policy	NOUN
fbem-511	271	10	.	.	PUNCT
fbem-511	272	1	journal	journal	NOUN
fbem-511	272	2	of	of	ADP
fbem-511	272	3	international	international	ADJ
fbem-511	272	4	money	money	NOUN
fbem-511	272	5	and	and	CCONJ
fbem-511	272	6	finance	finance	NOUN
fbem-511	272	7	,	,	PUNCT
fbem-511	272	8	44	44	NUM
fbem-511	272	9	,	,	PUNCT
fbem-511	272	10	24	24	NUM
fbem-511	272	11	-	-	SYM
fbem-511	272	12	46	46	NUM
fbem-511	272	13	.	.	PUNCT
fbem-511	273	1	[	[	X
fbem-511	273	2	5	5	NUM
fbem-511	273	3	]	]	X
fbem-511	273	4	berge	berge	NOUN
fbem-511	273	5	,	,	PUNCT
fbem-511	273	6	t.	t.	PROPN
fbem-511	273	7	,	,	PUNCT
fbem-511	273	8	&	&	CCONJ
fbem-511	273	9	cao	cao	PROPN
fbem-511	273	10	,	,	PUNCT
fbem-511	273	11	g.	g.	PROPN
fbem-511	273	12	(	(	PUNCT
fbem-511	273	13	2018	2018	NUM
fbem-511	273	14	)	)	PUNCT
fbem-511	273	15	.	.	PUNCT
fbem-511	274	1	global	global	ADJ
fbem-511	274	2	effects	effect	NOUN
fbem-511	274	3	of	of	ADP
fbem-511	274	4	u.s	u.s	PROPN
fbem-511	274	5	.	.	PROPN
fbem-511	274	6	monetary	monetary	ADJ
fbem-511	274	7	policy	policy	NOUN
fbem-511	274	8	:	:	PUNCT
fbem-511	274	9	is	be	AUX
fbem-511	274	10	unconventional	unconventional	ADJ
fbem-511	274	11	policy	policy	NOUN
fbem-511	274	12	different	different	ADJ
fbem-511	274	13	?	?	PUNCT
fbem-511	275	1	the	the	DET
fbem-511	275	2	economic	economic	ADJ
fbem-511	275	3	review	review	NOUN
fbem-511	275	4	,	,	PUNCT
fbem-511	275	5	5	5	NUM
fbem-511	275	6	-	-	SYM
fbem-511	275	7	32	32	NUM
fbem-511	275	8	.	.	PUNCT
fbem-511	276	1	[	[	X
fbem-511	276	2	6	6	NUM
fbem-511	276	3	]	]	X
fbem-511	276	4	bernanke	bernanke	PROPN
fbem-511	276	5	,	,	PUNCT
fbem-511	276	6	b.	b.	PROPN
fbem-511	276	7	,	,	PUNCT
fbem-511	276	8	&	&	CCONJ
fbem-511	276	9	reinhart	reinhart	PROPN
fbem-511	276	10	,	,	PUNCT
fbem-511	276	11	v.	v.	PROPN
fbem-511	276	12	(	(	PUNCT
fbem-511	276	13	2004	2004	NUM
fbem-511	276	14	)	)	PUNCT
fbem-511	276	15	.	.	PUNCT
fbem-511	277	1	conducting	conduct	VERB
fbem-511	277	2	monetary	monetary	ADJ
fbem-511	277	3	policy	policy	NOUN
fbem-511	277	4	at	at	ADP
fbem-511	277	5	very	very	ADV
fbem-511	277	6	low	low	ADJ
fbem-511	277	7	short	short	ADJ
fbem-511	277	8	-	-	PUNCT
fbem-511	277	9	term	term	NOUN
fbem-511	277	10	interest	interest	NOUN
fbem-511	277	11	rates	rate	NOUN
fbem-511	277	12	.	.	PUNCT
fbem-511	278	1	american	american	PROPN
fbem-511	278	2	economic	economic	PROPN
fbem-511	278	3	review	review	PROPN
fbem-511	278	4	,	,	PUNCT
fbem-511	278	5	94	94	NUM
fbem-511	278	6	,	,	PUNCT
fbem-511	278	7	85	85	NUM
fbem-511	278	8	-	-	SYM
fbem-511	278	9	90	90	NUM
fbem-511	278	10	.	.	PUNCT
fbem-511	279	1	[	[	X
fbem-511	279	2	7	7	NUM
fbem-511	279	3	]	]	X
fbem-511	279	4	bhattarai	bhattarai	NOUN
fbem-511	279	5	,	,	PUNCT
fbem-511	279	6	s.	s.	PROPN
fbem-511	279	7	,	,	PUNCT
fbem-511	279	8	chatterjee	chatterjee	PROPN
fbem-511	279	9	,	,	PUNCT
fbem-511	279	10	a.	a.	PROPN
fbem-511	279	11	,	,	PUNCT
fbem-511	279	12	&	&	CCONJ
fbem-511	279	13	park	park	PROPN
fbem-511	279	14	,	,	PUNCT
fbem-511	279	15	w.	w.	PROPN
fbem-511	279	16	(	(	PUNCT
fbem-511	279	17	2020	2020	NUM
fbem-511	279	18	)	)	PUNCT
fbem-511	279	19	.	.	PUNCT
fbem-511	280	1	global	global	ADJ
fbem-511	280	2	spillover	spillover	NOUN
fbem-511	280	3	effects	effect	NOUN
fbem-511	280	4	of	of	ADP
fbem-511	280	5	us	we	PRON
fbem-511	280	6	uncertainty	uncertainty	NOUN
fbem-511	280	7	.	.	PUNCT
fbem-511	281	1	journal	journal	NOUN
fbem-511	281	2	of	of	ADP
fbem-511	281	3	monetary	monetary	ADJ
fbem-511	281	4	economics	economic	NOUN
fbem-511	281	5	,	,	PUNCT
fbem-511	281	6	114	114	NUM
fbem-511	281	7	,	,	PUNCT
fbem-511	281	8	71–89	71–89	NUM
fbem-511	281	9	.	.	PUNCT
fbem-511	282	1	[	[	X
fbem-511	282	2	8	8	NUM
fbem-511	282	3	]	]	X
fbem-511	282	4	bhuiyan	bhuiyan	PROPN
fbem-511	282	5	,	,	PUNCT
fbem-511	282	6	r.	r.	PROPN
fbem-511	282	7	(	(	PUNCT
fbem-511	282	8	2012	2012	NUM
fbem-511	282	9	)	)	PUNCT
fbem-511	282	10	.	.	PUNCT
fbem-511	283	1	monetary	monetary	ADJ
fbem-511	283	2	transmission	transmission	NOUN
fbem-511	283	3	mechanisms	mechanism	NOUN
fbem-511	283	4	in	in	ADP
fbem-511	283	5	a	a	DET
fbem-511	283	6	small	small	ADJ
fbem-511	283	7	open	open	ADJ
fbem-511	283	8	economy	economy	NOUN
fbem-511	283	9	:	:	PUNCT
fbem-511	283	10	a	a	DET
fbem-511	283	11	bayesian	bayesian	NOUN
fbem-511	283	12	structural	structural	ADJ
fbem-511	283	13	var	var	NOUN
fbem-511	283	14	approach	approach	NOUN
fbem-511	283	15	.	.	PUNCT
fbem-511	284	1	canadian	canadian	ADJ
fbem-511	284	2	journal	journal	PROPN
fbem-511	284	3	of	of	ADP
fbem-511	284	4	economics	economic	NOUN
fbem-511	284	5	,	,	PUNCT
fbem-511	284	6	45(3	45(3	NUM
fbem-511	284	7	)	)	PUNCT
fbem-511	284	8	,	,	PUNCT
fbem-511	284	9	1037	1037	NUM
fbem-511	284	10	-	-	SYM
fbem-511	284	11	1061	1061	NUM
fbem-511	284	12	.	.	PUNCT
fbem-511	285	1	[	[	X
fbem-511	285	2	9	9	NUM
fbem-511	285	3	]	]	PUNCT
fbem-511	285	4	blinder	blinder	NOUN
fbem-511	285	5	,	,	PUNCT
fbem-511	285	6	a.	a.	NOUN
fbem-511	285	7	,	,	PUNCT
fbem-511	285	8	ehrmann	ehrmann	PROPN
fbem-511	285	9	,	,	PUNCT
fbem-511	285	10	m.	m.	NOUN
fbem-511	285	11	,	,	PUNCT
fbem-511	285	12	fratzscher	fratzscher	NOUN
fbem-511	285	13	,	,	PUNCT
fbem-511	285	14	m.	m.	NOUN
fbem-511	285	15	,	,	PUNCT
fbem-511	285	16	haan	haan	PROPN
fbem-511	285	17	,	,	PUNCT
fbem-511	285	18	j.	j.	PROPN
fbem-511	285	19	,	,	PUNCT
fbem-511	285	20	&	&	CCONJ
fbem-511	285	21	jansen	jansen	PROPN
fbem-511	285	22	,	,	PUNCT
fbem-511	285	23	d.-j	d.-j	PROPN
fbem-511	285	24	.	.	PUNCT
fbem-511	286	1	(	(	PUNCT
fbem-511	286	2	2008	2008	NUM
fbem-511	286	3	)	)	PUNCT
fbem-511	286	4	.	.	PUNCT
fbem-511	287	1	central	central	ADJ
fbem-511	287	2	bank	bank	PROPN
fbem-511	287	3	communication	communication	NOUN
fbem-511	287	4	and	and	CCONJ
fbem-511	287	5	monetary	monetary	ADJ
fbem-511	287	6	policy	policy	NOUN
fbem-511	287	7	:	:	PUNCT
fbem-511	287	8	a	a	DET
fbem-511	287	9	survey	survey	NOUN
fbem-511	287	10	of	of	ADP
fbem-511	287	11	theory	theory	NOUN
fbem-511	287	12	and	and	CCONJ
fbem-511	287	13	evidence	evidence	NOUN
fbem-511	287	14	.	.	PUNCT
fbem-511	288	1	journal	journal	NOUN
fbem-511	288	2	of	of	ADP
fbem-511	288	3	economic	economic	ADJ
fbem-511	288	4	literature	literature	NOUN
fbem-511	288	5	,	,	PUNCT
fbem-511	288	6	46(4	46(4	NOUN
fbem-511	288	7	)	)	PUNCT
fbem-511	288	8	,	,	PUNCT
fbem-511	288	9	910	910	NUM
fbem-511	288	10	-	-	SYM
fbem-511	288	11	45	45	NUM
fbem-511	288	12	.	.	PUNCT
fbem-511	289	1	[	[	X
fbem-511	289	2	10	10	NUM
fbem-511	289	3	]	]	X
fbem-511	289	4	bu	bu	PROPN
fbem-511	289	5	,	,	PUNCT
fbem-511	289	6	c.	c.	PROPN
fbem-511	289	7	,	,	PUNCT
fbem-511	289	8	rogers	rogers	PROPN
fbem-511	289	9	,	,	PUNCT
fbem-511	289	10	j.	j.	PROPN
fbem-511	289	11	,	,	PUNCT
fbem-511	289	12	&	&	CCONJ
fbem-511	289	13	wu	wu	PROPN
fbem-511	289	14	,	,	PUNCT
fbem-511	289	15	w.	w.	PROPN
fbem-511	289	16	(	(	PUNCT
fbem-511	289	17	2021	2021	NUM
fbem-511	289	18	)	)	PUNCT
fbem-511	289	19	.	.	PUNCT
fbem-511	290	1	a	a	DET
fbem-511	290	2	unified	unified	ADJ
fbem-511	290	3	measure	measure	NOUN
fbem-511	290	4	of	of	ADP
fbem-511	290	5	fed	fed	PROPN
fbem-511	290	6	monetary	monetary	ADJ
fbem-511	290	7	policy	policy	NOUN
fbem-511	290	8	shocks	shock	NOUN
fbem-511	290	9	.	.	PUNCT
fbem-511	291	1	journal	journal	NOUN
fbem-511	291	2	of	of	ADP
fbem-511	291	3	monetary	monetary	ADJ
fbem-511	291	4	economics	economic	NOUN
fbem-511	291	5	,	,	PUNCT
fbem-511	291	6	118,331–349	118,331–349	ADJ
fbem-511	291	7	.	.	PUNCT
fbem-511	292	1	[	[	X
fbem-511	292	2	11	11	NUM
fbem-511	292	3	]	]	X
fbem-511	292	4	chen	chen	PROPN
fbem-511	292	5	,	,	PUNCT
fbem-511	292	6	q.	q.	PROPN
fbem-511	292	7	,	,	PUNCT
fbem-511	292	8	filardo	filardo	PROPN
fbem-511	292	9	,	,	PUNCT
fbem-511	292	10	a.	a.	PROPN
fbem-511	292	11	,	,	PUNCT
fbem-511	292	12	he	he	PRON
fbem-511	292	13	,	,	PUNCT
fbem-511	292	14	d.	d.	PROPN
fbem-511	292	15	,	,	PUNCT
fbem-511	292	16	&	&	CCONJ
fbem-511	292	17	zhu	zhu	PROPN
fbem-511	292	18	,	,	PUNCT
fbem-511	292	19	f.	f.	PROPN
fbem-511	292	20	(	(	PUNCT
fbem-511	292	21	2016	2016	NUM
fbem-511	292	22	)	)	PUNCT
fbem-511	292	23	.	.	PUNCT
fbem-511	293	1	financial	financial	ADJ
fbem-511	293	2	crisis	crisis	NOUN
fbem-511	293	3	,	,	PUNCT
fbem-511	293	4	us	us	PROPN
fbem-511	293	5	unconventional	unconventional	ADJ
fbem-511	293	6	monetary	monetary	ADJ
fbem-511	293	7	policy	policy	NOUN
fbem-511	293	8	and	and	CCONJ
fbem-511	293	9	international	international	ADJ
fbem-511	293	10	spillovers	spillover	NOUN
fbem-511	293	11	.	.	PUNCT
fbem-511	294	1	journal	journal	NOUN
fbem-511	294	2	of	of	ADP
fbem-511	294	3	international	international	ADJ
fbem-511	294	4	money	money	NOUN
fbem-511	294	5	and	and	CCONJ
fbem-511	294	6	finance	finance	NOUN
fbem-511	294	7	,	,	PUNCT
fbem-511	294	8	67	67	NUM
fbem-511	294	9	,	,	PUNCT
fbem-511	294	10	6281	6281	NUM
fbem-511	294	11	.	.	PUNCT
fbem-511	295	1	[	[	X
fbem-511	295	2	12	12	NUM
fbem-511	295	3	]	]	X
fbem-511	295	4	cheung	cheung	PROPN
fbem-511	295	5	,	,	PUNCT
fbem-511	295	6	y.	y.	PROPN
fbem-511	295	7	,	,	PUNCT
fbem-511	295	8	&	&	CCONJ
fbem-511	295	9	yuen	yuen	PROPN
fbem-511	295	10	,	,	PUNCT
fbem-511	295	11	j.	j.	PROPN
fbem-511	295	12	(	(	PUNCT
fbem-511	295	13	2002	2002	NUM
fbem-511	295	14	)	)	PUNCT
fbem-511	295	15	.	.	PUNCT
fbem-511	296	1	effects	effect	NOUN
fbem-511	296	2	of	of	ADP
fbem-511	296	3	u.s	u.s	PROPN
fbem-511	296	4	.	.	PROPN
fbem-511	296	5	inflation	inflation	NOUN
fbem-511	296	6	on	on	ADP
fbem-511	296	7	hong	hong	PROPN
fbem-511	296	8	kong	kong	PROPN
fbem-511	296	9	and	and	CCONJ
fbem-511	296	10	singapore	singapore	PROPN
fbem-511	296	11	.	.	PUNCT
fbem-511	297	1	journal	journal	PROPN
fbem-511	297	2	of	of	ADP
fbem-511	297	3	comparative	comparative	ADJ
fbem-511	297	4	economics	economic	NOUN
fbem-511	297	5	,	,	PUNCT
fbem-511	297	6	603	603	NUM
fbem-511	297	7	-	-	SYM
fbem-511	297	8	619	619	NUM
fbem-511	297	9	.	.	PUNCT
fbem-511	298	1	[	[	X
fbem-511	298	2	13	13	NUM
fbem-511	298	3	]	]	SYM
fbem-511	298	4	chey	chey	NOUN
fbem-511	298	5	,	,	PUNCT
fbem-511	298	6	h.-k	h.-k	PROPN
fbem-511	298	7	.	.	PUNCT
fbem-511	298	8	,	,	PUNCT
fbem-511	298	9	&	&	CCONJ
fbem-511	298	10	li	li	PROPN
fbem-511	298	11	,	,	PUNCT
fbem-511	298	12	y.	y.	PROPN
fbem-511	298	13	w.	w.	PROPN
fbem-511	298	14	(	(	PUNCT
fbem-511	298	15	2020	2020	NUM
fbem-511	298	16	)	)	PUNCT
fbem-511	298	17	.	.	PUNCT
fbem-511	299	1	chinese	chinese	ADJ
fbem-511	299	2	domestics	domestic	NOUN
fbem-511	299	3	politics	politic	NOUN
fbem-511	299	4	and	and	CCONJ
fbem-511	299	5	the	the	DET
fbem-511	299	6	internationalization	internationalization	NOUN
fbem-511	299	7	of	of	ADP
fbem-511	299	8	the	the	DET
fbem-511	299	9	renminbi	renminbi	NOUN
fbem-511	299	10	.	.	PUNCT
fbem-511	300	1	polictical	polictical	ADJ
fbem-511	300	2	science	science	NOUN
fbem-511	300	3	quertarly	quertarly	ADV
fbem-511	300	4	,	,	PUNCT
fbem-511	300	5	135(1),37	135(1),37	NUM
fbem-511	300	6	-	-	SYM
fbem-511	300	7	65	65	NUM
fbem-511	300	8	.	.	PUNCT
fbem-511	301	1	[	[	X
fbem-511	301	2	14	14	NUM
fbem-511	301	3	]	]	X
fbem-511	301	4	chiang	chiang	PROPN
fbem-511	301	5	,	,	PUNCT
fbem-511	301	6	t.	t.	PROPN
fbem-511	301	7	(	(	PUNCT
fbem-511	301	8	2020	2020	NUM
fbem-511	301	9	)	)	PUNCT
fbem-511	301	10	.	.	PUNCT
fbem-511	302	1	us	we	PRON
fbem-511	302	2	policy	policy	NOUN
fbem-511	302	3	uncertainty	uncertainty	NOUN
fbem-511	302	4	and	and	CCONJ
fbem-511	302	5	stock	stock	NOUN
fbem-511	302	6	returns	return	NOUN
fbem-511	302	7	:	:	PUNCT
fbem-511	302	8	evidence	evidence	NOUN
fbem-511	302	9	in	in	ADP
fbem-511	302	10	the	the	DET
fbem-511	302	11	us	us	PROPN
fbem-511	302	12	and	and	CCONJ
fbem-511	302	13	its	its	PRON
fbem-511	302	14	spillovers	spillover	NOUN
fbem-511	302	15	to	to	ADP
fbem-511	302	16	the	the	DET
fbem-511	302	17	european	european	PROPN
fbem-511	302	18	union	union	PROPN
fbem-511	302	19	,	,	PUNCT
fbem-511	302	20	china	china	PROPN
fbem-511	302	21	and	and	CCONJ
fbem-511	302	22	japan	japan	PROPN
fbem-511	302	23	.	.	PUNCT
fbem-511	303	1	the	the	DET
fbem-511	303	2	journal	journal	NOUN
fbem-511	303	3	of	of	ADP
fbem-511	303	4	risk	risk	NOUN
fbem-511	303	5	finance	finance	NOUN
fbem-511	303	6	,	,	PUNCT
fbem-511	303	7	21(5),621	21(5),621	NUM
fbem-511	303	8	-	-	SYM
fbem-511	303	9	657	657	NUM
fbem-511	303	10	.	.	PUNCT
fbem-511	304	1	[	[	X
fbem-511	304	2	15	15	NUM
fbem-511	304	3	]	]	X
fbem-511	304	4	cho	cho	PROPN
fbem-511	304	5	,	,	PUNCT
fbem-511	304	6	d.	d.	PROPN
fbem-511	304	7	,	,	PUNCT
fbem-511	304	8	&	&	CCONJ
fbem-511	304	9	rhee	rhee	PROPN
fbem-511	304	10	,	,	PUNCT
fbem-511	304	11	c.	c.	PROPN
fbem-511	304	12	(	(	PUNCT
fbem-511	304	13	2014	2014	NUM
fbem-511	304	14	,	,	PUNCT
fbem-511	304	15	july	july	PROPN
fbem-511	304	16	2	2	NUM
fbem-511	304	17	)	)	PUNCT
fbem-511	304	18	.	.	PUNCT
fbem-511	305	1	effects	effect	NOUN
fbem-511	305	2	of	of	ADP
fbem-511	305	3	quantitative	quantitative	ADJ
fbem-511	305	4	easing	easing	NOUN
fbem-511	305	5	on	on	ADP
fbem-511	305	6	asia	asia	PROPN
fbem-511	305	7	:	:	PUNCT
fbem-511	305	8	capitao	capitao	PROPN
fbem-511	305	9	flows	flow	NOUN
fbem-511	305	10	and	and	CCONJ
fbem-511	305	11	financal	financal	ADJ
fbem-511	305	12	markets	market	NOUN
fbem-511	305	13	.	.	PUNCT
fbem-511	306	1	the	the	DET
fbem-511	306	2	singapore	singapore	PROPN
fbem-511	306	3	economic	economic	PROPN
fbem-511	306	4	review	review	PROPN
fbem-511	306	5	,	,	PUNCT
fbem-511	306	6	59(3),1450018	59(3),1450018	NUM
fbem-511	306	7	.	.	PUNCT
fbem-511	307	1	[	[	X
fbem-511	307	2	16	16	NUM
fbem-511	307	3	]	]	X
fbem-511	307	4	craine	craine	PROPN
fbem-511	307	5	,	,	PUNCT
fbem-511	307	6	r.	r.	PROPN
fbem-511	307	7	,	,	PUNCT
fbem-511	307	8	&	&	CCONJ
fbem-511	307	9	martin	martin	PROPN
fbem-511	307	10	,	,	PUNCT
fbem-511	307	11	l.	l.	PROPN
fbem-511	307	12	(	(	PUNCT
fbem-511	307	13	2008	2008	NUM
fbem-511	307	14	)	)	PUNCT
fbem-511	307	15	.	.	PUNCT
fbem-511	308	1	international	international	ADJ
fbem-511	308	2	monetary	monetary	ADJ
fbem-511	308	3	policy	policy	NOUN
fbem-511	308	4	surprise	surprise	NOUN
fbem-511	308	5	spillovers	spillover	NOUN
fbem-511	308	6	.	.	PUNCT
fbem-511	309	1	journal	journal	NOUN
fbem-511	309	2	of	of	ADP
fbem-511	309	3	international	international	ADJ
fbem-511	309	4	economics	economic	NOUN
fbem-511	309	5	,	,	PUNCT
fbem-511	309	6	75(1	75(1	NOUN
fbem-511	309	7	)	)	PUNCT
fbem-511	309	8	，	，	PUNCT
fbem-511	309	9	180	180	NUM
fbem-511	309	10	-	-	SYM
fbem-511	309	11	196	196	NUM
fbem-511	309	12	.	.	PUNCT
fbem-511	310	1	[	[	X
fbem-511	310	2	17	17	NUM
fbem-511	310	3	]	]	X
fbem-511	310	4	dornbusch	dornbusch	NOUN
fbem-511	310	5	,	,	PUNCT
fbem-511	310	6	r.	r.	PROPN
fbem-511	310	7	(	(	PUNCT
fbem-511	310	8	1976	1976	NUM
fbem-511	310	9	)	)	PUNCT
fbem-511	310	10	.	.	PUNCT
fbem-511	311	1	expectations	expectation	NOUN
fbem-511	311	2	and	and	CCONJ
fbem-511	311	3	exchange	exchange	NOUN
fbem-511	311	4	rates	rate	NOUN
fbem-511	311	5	dynamics	dynamic	NOUN
fbem-511	311	6	.	.	PUNCT
fbem-511	312	1	journal	journal	NOUN
fbem-511	312	2	of	of	ADP
fbem-511	312	3	political	political	ADJ
fbem-511	312	4	economy	economy	NOUN
fbem-511	312	5	,	,	PUNCT
fbem-511	312	6	84，1161	84，1161	NOUN
fbem-511	312	7	-	-	SYM
fbem-511	312	8	1176	1176	NUM
fbem-511	312	9	.	.	PUNCT
fbem-511	313	1	[	[	X
fbem-511	313	2	18	18	NUM
fbem-511	313	3	]	]	PUNCT
fbem-511	313	4	eichengreen	eichengreen	PROPN
fbem-511	313	5	,	,	PUNCT
fbem-511	313	6	b.	b.	PROPN
fbem-511	313	7	(	(	PUNCT
fbem-511	313	8	2013	2013	NUM
fbem-511	313	9	)	)	PUNCT
fbem-511	313	10	.	.	PUNCT
fbem-511	314	1	does	do	AUX
fbem-511	314	2	the	the	DET
fbem-511	314	3	federal	federal	PROPN
fbem-511	314	4	reserve	reserve	PROPN
fbem-511	314	5	care	care	VERB
fbem-511	314	6	about	about	ADP
fbem-511	314	7	the	the	DET
fbem-511	314	8	rest	rest	NOUN
fbem-511	314	9	of	of	ADP
fbem-511	314	10	the	the	DET
fbem-511	314	11	world	world	NOUN
fbem-511	314	12	?	?	PUNCT
fbem-511	315	1	journal	journal	NOUN
fbem-511	315	2	of	of	ADP
fbem-511	315	3	economic	economic	ADJ
fbem-511	315	4	perspectives	perspective	NOUN
fbem-511	315	5	,	,	PUNCT
fbem-511	315	6	27(4),87	27(4),87	NOUN
fbem-511	315	7	-	-	SYM
fbem-511	315	8	104	104	NUM
fbem-511	315	9	.	.	PUNCT
fbem-511	316	1	[	[	X
fbem-511	316	2	19	19	NUM
fbem-511	316	3	]	]	X
fbem-511	316	4	feldmann	feldmann	PROPN
fbem-511	316	5	,	,	PUNCT
fbem-511	316	6	j.	j.	PROPN
fbem-511	316	7	(	(	PUNCT
fbem-511	316	8	2016	2016	NUM
fbem-511	316	9	)	)	PUNCT
fbem-511	316	10	.	.	PUNCT
fbem-511	317	1	causation	causation	NOUN
fbem-511	317	2	and	and	CCONJ
fbem-511	317	3	consequences	consequence	NOUN
fbem-511	317	4	in	in	ADP
fbem-511	317	5	monetary	monetary	ADJ
fbem-511	317	6	policy	policy	NOUN
fbem-511	317	7	:	:	PUNCT
fbem-511	317	8	are	be	AUX
fbem-511	317	9	federal	federal	PROPN
fbem-511	317	10	reserve	reserve	NOUN
fbem-511	317	11	policies	policy	NOUN
fbem-511	317	12	based	base	VERB
fbem-511	317	13	on	on	ADP
fbem-511	317	14	an	an	DET
fbem-511	317	15	inadequate	inadequate	ADJ
fbem-511	317	16	theory	theory	NOUN
fbem-511	317	17	of	of	ADP
fbem-511	317	18	causal	causal	ADJ
fbem-511	317	19	responsibility	responsibility	NOUN
fbem-511	317	20	?	?	PUNCT
fbem-511	318	1	soundings	sounding	NOUN
fbem-511	318	2	:	:	PUNCT
fbem-511	318	3	an	an	DET
fbem-511	318	4	interdisciplinary	interdisciplinary	ADJ
fbem-511	318	5	journal	journal	NOUN
fbem-511	318	6	,	,	PUNCT
fbem-511	318	7	99(3),321	99(3),321	NUM
fbem-511	318	8	-	-	SYM
fbem-511	318	9	365	365	NUM
fbem-511	318	10	.	.	PUNCT
fbem-511	319	1	[	[	X
fbem-511	319	2	20	20	NUM
fbem-511	319	3	]	]	PUNCT
fbem-511	319	4	ferrara	ferrara	NOUN
fbem-511	319	5	,	,	PUNCT
fbem-511	319	6	m.	m.	NOUN
fbem-511	319	7	,	,	PUNCT
fbem-511	319	8	garofalo	garofalo	PROPN
fbem-511	319	9	,	,	PUNCT
fbem-511	319	10	a.	a.	PROPN
fbem-511	319	11	,	,	PUNCT
fbem-511	319	12	&	&	CCONJ
fbem-511	319	13	agovino	agovino	PROPN
fbem-511	319	14	,	,	PUNCT
fbem-511	319	15	m.	m.	NOUN
fbem-511	319	16	(	(	PUNCT
fbem-511	319	17	2020	2020	NUM
fbem-511	319	18	,	,	PUNCT
fbem-511	319	19	september	september	PROPN
fbem-511	319	20	4	4	NUM
fbem-511	319	21	)	)	PUNCT
fbem-511	319	22	.	.	PUNCT
fbem-511	320	1	disinflation	disinflation	NOUN
fbem-511	320	2	costs	cost	NOUN
fbem-511	320	3	in	in	ADP
fbem-511	320	4	china	china	PROPN
fbem-511	320	5	and	and	CCONJ
fbem-511	320	6	monetary	monetary	ADJ
fbem-511	320	7	policy	policy	NOUN
fbem-511	320	8	regimes	regime	NOUN
fbem-511	320	9	.	.	PUNCT
fbem-511	321	1	economic	economic	ADJ
fbem-511	321	2	modelling	modelling	NOUN
fbem-511	321	3	,	,	PUNCT
fbem-511	321	4	93,586–594	93,586–594	PRON
fbem-511	321	5	.	.	PUNCT
fbem-511	322	1	[	[	X
fbem-511	322	2	21	21	NUM
fbem-511	322	3	]	]	X
fbem-511	322	4	fleming	fleming	PROPN
fbem-511	322	5	,	,	PUNCT
fbem-511	322	6	j.	j.	PROPN
fbem-511	322	7	(	(	PUNCT
fbem-511	322	8	1962	1962	NUM
fbem-511	322	9	)	)	PUNCT
fbem-511	322	10	.	.	PUNCT
fbem-511	323	1	domestic	domestic	ADJ
fbem-511	323	2	financial	financial	ADJ
fbem-511	323	3	policies	policy	NOUN
fbem-511	323	4	under	under	ADP
fbem-511	323	5	fixed	fix	VERB
fbem-511	323	6	and	and	CCONJ
fbem-511	323	7	under	under	ADP
fbem-511	323	8	floating	float	VERB
fbem-511	323	9	exchange	exchange	NOUN
fbem-511	323	10	rates	rate	NOUN
fbem-511	323	11	.	.	PUNCT
fbem-511	324	1	imf	imf	PROPN
fbem-511	324	2	staff	staff	NOUN
fbem-511	324	3	papers	paper	NOUN
fbem-511	324	4	,	,	PUNCT
fbem-511	324	5	9，369379	9，369379	NUM
fbem-511	324	6	.	.	PUNCT
fbem-511	325	1	[	[	X
fbem-511	325	2	22	22	NUM
fbem-511	325	3	]	]	PUNCT
fbem-511	325	4	frankel	frankel	NOUN
fbem-511	325	5	,	,	PUNCT
fbem-511	325	6	j.	j.	PROPN
fbem-511	325	7	(	(	PUNCT
fbem-511	325	8	1986	1986	NUM
fbem-511	325	9	)	)	PUNCT
fbem-511	325	10	.	.	PUNCT
fbem-511	326	1	expectations	expectation	NOUN
fbem-511	326	2	and	and	CCONJ
fbem-511	326	3	commodity	commodity	NOUN
fbem-511	326	4	price	price	NOUN
fbem-511	326	5	dynamics	dynamic	NOUN
fbem-511	326	6	:	:	PUNCT
fbem-511	326	7	the	the	DET
fbem-511	326	8	overshooting	overshoot	VERB
fbem-511	326	9	model	model	NOUN
fbem-511	326	10	.	.	PUNCT
fbem-511	327	1	american	american	ADJ
fbem-511	327	2	journal	journal	PROPN
fbem-511	327	3	of	of	ADP
fbem-511	327	4	agricultural	agricultural	ADJ
fbem-511	327	5	economics	economic	NOUN
fbem-511	327	6	,	,	PUNCT
fbem-511	327	7	68(5	68(5	NUM
fbem-511	327	8	):	):	PUNCT
fbem-511	327	9	344	344	NUM
fbem-511	327	10	-	-	SYM
fbem-511	327	11	348	348	NUM
fbem-511	327	12	.	.	PUNCT
fbem-511	328	1	[	[	X
fbem-511	328	2	23	23	NUM
fbem-511	328	3	]	]	PUNCT
fbem-511	328	4	frankel	frankel	PROPN
fbem-511	328	5	,	,	PUNCT
fbem-511	328	6	j.	j.	PROPN
fbem-511	328	7	(	(	PUNCT
fbem-511	328	8	1988	1988	NUM
fbem-511	328	9	)	)	PUNCT
fbem-511	328	10	.	.	PUNCT
fbem-511	329	1	recent	recent	ADJ
fbem-511	329	2	estimates	estimate	NOUN
fbem-511	329	3	of	of	ADP
fbem-511	329	4	the	the	DET
fbem-511	329	5	time	time	NOUN
fbem-511	329	6	-	-	PUNCT
fbem-511	329	7	variation	variation	NOUN
fbem-511	329	8	in	in	ADP
fbem-511	329	9	the	the	DET
fbem-511	329	10	conditional	conditional	ADJ
fbem-511	329	11	variance	variance	NOUN
fbem-511	329	12	and	and	CCONJ
fbem-511	329	13	in	in	ADP
fbem-511	329	14	the	the	DET
fbem-511	329	15	exchange	exchange	NOUN
fbem-511	329	16	risk	risk	NOUN
fbem-511	329	17	premium	premium	NOUN
fbem-511	329	18	.	.	PUNCT
fbem-511	330	1	journal	journal	NOUN
fbem-511	330	2	of	of	ADP
fbem-511	330	3	international	international	ADJ
fbem-511	330	4	money	money	NOUN
fbem-511	330	5	and	and	CCONJ
fbem-511	330	6	finance	finance	NOUN
fbem-511	330	7	,	,	PUNCT
fbem-511	330	8	7(1)，115	7(1)，115	PROPN
fbem-511	330	9	-	-	SYM
fbem-511	330	10	125	125	NUM
fbem-511	330	11	.	.	PUNCT
fbem-511	331	1	[	[	X
fbem-511	331	2	24	24	NUM
fbem-511	331	3	]	]	SYM
fbem-511	331	4	gambacorta	gambacorta	NOUN
fbem-511	331	5	,	,	PUNCT
fbem-511	331	6	l.	l.	PROPN
fbem-511	331	7	,	,	PUNCT
fbem-511	331	8	hofmann	hofmann	PROPN
fbem-511	331	9	,	,	PUNCT
fbem-511	331	10	b.	b.	PROPN
fbem-511	331	11	,	,	PUNCT
fbem-511	331	12	&	&	CCONJ
fbem-511	331	13	peersman	peersman	PROPN
fbem-511	331	14	,	,	PUNCT
fbem-511	331	15	g.	g.	PROPN
fbem-511	331	16	(	(	PUNCT
fbem-511	331	17	2014	2014	NUM
fbem-511	331	18	)	)	PUNCT
fbem-511	331	19	.	.	PUNCT
fbem-511	332	1	the	the	DET
fbem-511	332	2	effffectiveness	effffectiveness	NOUN
fbem-511	332	3	of	of	ADP
fbem-511	332	4	unconventional	unconventional	ADJ
fbem-511	332	5	monetary	monetary	ADJ
fbem-511	332	6	policy	policy	NOUN
fbem-511	332	7	at	at	ADP
fbem-511	332	8	the	the	DET
fbem-511	332	9	zero	zero	NUM
fbem-511	332	10	lower	lower	ADV
fbem-511	332	11	bound	bind	VERB
fbem-511	332	12	:	:	PUNCT
fbem-511	332	13	a	a	DET
fbem-511	332	14	cross‐country	cross‐country	NOUN
fbem-511	332	15	analysis	analysis	NOUN
fbem-511	332	16	.	.	PUNCT
fbem-511	333	1	journal	journal	NOUN
fbem-511	333	2	of	of	ADP
fbem-511	333	3	money	money	NOUN
fbem-511	333	4	,	,	PUNCT
fbem-511	333	5	credit	credit	NOUN
fbem-511	333	6	and	and	CCONJ
fbem-511	333	7	banking	banking	NOUN
fbem-511	333	8	,	,	PUNCT
fbem-511	333	9	46(4	46(4	NOUN
fbem-511	333	10	)	)	PUNCT
fbem-511	333	11	,	,	PUNCT
fbem-511	333	12	615	615	NUM
fbem-511	333	13	-	-	SYM
fbem-511	333	14	642	642	NUM
fbem-511	333	15	.	.	PUNCT
fbem-511	334	1	[	[	X
fbem-511	334	2	25	25	NUM
fbem-511	334	3	]	]	PUNCT
fbem-511	334	4	garikipati	garikipati	NOUN
fbem-511	334	5	,	,	PUNCT
fbem-511	334	6	s.	s.	PROPN
fbem-511	334	7	,	,	PUNCT
fbem-511	334	8	&	&	CCONJ
fbem-511	334	9	kambhampati	kambhampati	PROPN
fbem-511	334	10	,	,	PUNCT
fbem-511	334	11	u.	u.	NOUN
fbem-511	334	12	(	(	PUNCT
fbem-511	334	13	2021	2021	NUM
fbem-511	334	14	)	)	PUNCT
fbem-511	334	15	.	.	PUNCT
fbem-511	335	1	leading	lead	VERB
fbem-511	335	2	the	the	DET
fbem-511	335	3	fight	fight	NOUN
fbem-511	335	4	against	against	ADP
fbem-511	335	5	the	the	DET
fbem-511	335	6	pandemic	pandemic	NOUN
fbem-511	335	7	:	:	PUNCT
fbem-511	335	8	does	do	AUX
fbem-511	335	9	gender	gender	NOUN
fbem-511	335	10	really	really	ADV
fbem-511	335	11	matter	matter	ADV
fbem-511	335	12	?	?	PUNCT
fbem-511	336	1	feminist	feminist	ADJ
fbem-511	336	2	economics	economic	NOUN
fbem-511	336	3	,	,	PUNCT
fbem-511	336	4	401	401	NUM
fbem-511	336	5	-	-	SYM
fbem-511	336	6	418	418	NUM
fbem-511	336	7	.	.	PUNCT
fbem-511	337	1	[	[	X
fbem-511	337	2	26	26	NUM
fbem-511	337	3	]	]	X
fbem-511	337	4	gertler	gertler	NOUN
fbem-511	337	5	,	,	PUNCT
fbem-511	337	6	m.	m.	NOUN
fbem-511	337	7	,	,	PUNCT
fbem-511	337	8	&	&	CCONJ
fbem-511	337	9	karadi	karadi	PROPN
fbem-511	337	10	,	,	PUNCT
fbem-511	337	11	p.	p.	NOUN
fbem-511	337	12	(	(	PUNCT
fbem-511	337	13	2011	2011	NUM
fbem-511	337	14	)	)	PUNCT
fbem-511	337	15	.	.	PUNCT
fbem-511	338	1	a	a	DET
fbem-511	338	2	model	model	NOUN
fbem-511	338	3	of	of	ADP
fbem-511	338	4	unconventional	unconventional	ADJ
fbem-511	338	5	monetary	monetary	ADJ
fbem-511	338	6	policy	policy	NOUN
fbem-511	338	7	.	.	PUNCT
fbem-511	339	1	journal	journal	NOUN
fbem-511	339	2	of	of	ADP
fbem-511	339	3	monetary	monetary	ADJ
fbem-511	339	4	economics	economic	NOUN
fbem-511	339	5	,	,	PUNCT
fbem-511	339	6	58(1	58(1	NUM
fbem-511	339	7	)	)	PUNCT
fbem-511	339	8	,	,	PUNCT
fbem-511	339	9	17	17	NUM
fbem-511	339	10	-	-	SYM
fbem-511	339	11	34	34	NUM
fbem-511	339	12	.	.	PUNCT
fbem-511	340	1	[	[	X
fbem-511	340	2	27	27	NUM
fbem-511	340	3	]	]	X
fbem-511	340	4	gertler	gertler	NOUN
fbem-511	340	5	,	,	PUNCT
fbem-511	340	6	m.	m.	NOUN
fbem-511	340	7	,	,	PUNCT
fbem-511	340	8	&	&	CCONJ
fbem-511	340	9	karadi	karadi	PROPN
fbem-511	340	10	,	,	PUNCT
fbem-511	340	11	p.	p.	NOUN
fbem-511	340	12	(	(	PUNCT
fbem-511	340	13	2013	2013	NUM
fbem-511	340	14	)	)	PUNCT
fbem-511	340	15	.	.	PUNCT
fbem-511	341	1	qe	qe	PROPN
fbem-511	341	2	1	1	NUM
fbem-511	341	3	vs.	vs.	ADP
fbem-511	341	4	2	2	NUM
fbem-511	341	5	vs.	vs.	ADP
fbem-511	341	6	3	3	NUM
fbem-511	341	7	...	...	PUNCT
fbem-511	341	8	:	:	PUNCT
fbem-511	341	9	a	a	DET
fbem-511	341	10	framework	framework	NOUN
fbem-511	341	11	for	for	ADP
fbem-511	341	12	analyzing	analyze	VERB
fbem-511	341	13	large	large	ADJ
fbem-511	341	14	-	-	PUNCT
fbem-511	341	15	scale	scale	NOUN
fbem-511	341	16	asset	asset	NOUN
fbem-511	341	17	purchases	purchase	NOUN
fbem-511	341	18	as	as	ADP
fbem-511	341	19	a	a	DET
fbem-511	341	20	monetary	monetary	ADJ
fbem-511	341	21	policy	policy	NOUN
fbem-511	341	22	tool	tool	NOUN
fbem-511	341	23	.	.	PUNCT
fbem-511	342	1	international	international	ADJ
fbem-511	342	2	journal	journal	NOUN
fbem-511	342	3	of	of	ADP
fbem-511	342	4	central	central	ADJ
fbem-511	342	5	banking	banking	NOUN
fbem-511	342	6	,	,	PUNCT
fbem-511	342	7	9(1	9(1	NUM
fbem-511	342	8	)	)	PUNCT
fbem-511	342	9	,	,	PUNCT
fbem-511	342	10	5	5	NUM
fbem-511	342	11	-	-	SYM
fbem-511	342	12	53	53	NUM
fbem-511	342	13	.	.	PUNCT
fbem-511	343	1	[	[	X
fbem-511	343	2	28	28	NUM
fbem-511	343	3	]	]	X
fbem-511	343	4	goldstein	goldstein	PROPN
fbem-511	343	5	,	,	PUNCT
fbem-511	343	6	m.	m.	NOUN
fbem-511	343	7	,	,	PUNCT
fbem-511	343	8	&	&	CCONJ
fbem-511	343	9	lardy	lardy	ADJ
fbem-511	343	10	,	,	PUNCT
fbem-511	343	11	n.	n.	NOUN
fbem-511	343	12	(	(	PUNCT
fbem-511	343	13	2006	2006	NUM
fbem-511	343	14	)	)	PUNCT
fbem-511	343	15	.	.	PUNCT
fbem-511	344	1	china	china	PROPN
fbem-511	344	2	's	's	PART
fbem-511	344	3	exchange	exchange	NOUN
fbem-511	344	4	rate	rate	NOUN
fbem-511	344	5	policy	policy	NOUN
fbem-511	344	6	dilemma	dilemma	NOUN
fbem-511	344	7	.	.	PUNCT
fbem-511	345	1	the	the	DET
fbem-511	345	2	american	american	PROPN
fbem-511	345	3	economic	economic	PROPN
fbem-511	345	4	review	review	PROPN
fbem-511	345	5	,	,	PUNCT
fbem-511	345	6	115(4	115(4	NUM
fbem-511	345	7	)	)	PUNCT
fbem-511	345	8	，	，	PUNCT
fbem-511	345	9	665	665	NUM
fbem-511	345	10	-	-	SYM
fbem-511	345	11	703	703	NUM
fbem-511	345	12	.	.	PUNCT
fbem-511	346	1	[	[	X
fbem-511	346	2	29	29	NUM
fbem-511	346	3	]	]	X
fbem-511	346	4	gourinchas	gourinchas	X
fbem-511	346	5	,	,	PUNCT
fbem-511	346	6	p.	p.	PROPN
fbem-511	346	7	,	,	PUNCT
fbem-511	346	8	&	&	CCONJ
fbem-511	346	9	rey	rey	PROPN
fbem-511	346	10	,	,	PUNCT
fbem-511	346	11	h.	h.	PROPN
fbem-511	346	12	(	(	PUNCT
fbem-511	346	13	2007	2007	NUM
fbem-511	346	14	)	)	PUNCT
fbem-511	346	15	.	.	PUNCT
fbem-511	347	1	international	international	ADJ
fbem-511	347	2	financial	financial	ADJ
fbem-511	347	3	adjustment	adjustment	NOUN
fbem-511	347	4	.	.	PUNCT
fbem-511	348	1	journal	journal	NOUN
fbem-511	348	2	of	of	ADP
fbem-511	348	3	political	political	ADJ
fbem-511	348	4	economy	economy	NOUN
fbem-511	348	5	,	,	PUNCT
fbem-511	348	6	115(4)，665	115(4)，665	NUM
fbem-511	348	7	-	-	SYM
fbem-511	348	8	703	703	NUM
fbem-511	348	9	.	.	PUNCT
fbem-511	349	1	[	[	X
fbem-511	349	2	30	30	NUM
fbem-511	349	3	]	]	X
fbem-511	349	4	haroon	haroon	PROPN
fbem-511	349	5	,	,	PUNCT
fbem-511	349	6	m.	m.	NOUN
fbem-511	349	7	(	(	PUNCT
fbem-511	349	8	2012	2012	NUM
fbem-511	349	9	)	)	PUNCT
fbem-511	349	10	.	.	PUNCT
fbem-511	350	1	the	the	DET
fbem-511	350	2	impact	impact	NOUN
fbem-511	350	3	of	of	ADP
fbem-511	350	4	the	the	DET
fbem-511	350	5	volatility	volatility	NOUN
fbem-511	350	6	of	of	ADP
fbem-511	350	7	monetary	monetary	ADJ
fbem-511	350	8	policy	policy	NOUN
fbem-511	350	9	shocks	shock	NOUN
fbem-511	350	10	.	.	PUNCT
fbem-511	351	1	journal	journal	NOUN
fbem-511	351	2	of	of	ADP
fbem-511	351	3	money	money	NOUN
fbem-511	351	4	,	,	PUNCT
fbem-511	351	5	credit	credit	NOUN
fbem-511	351	6	and	and	CCONJ
fbem-511	351	7	banking	banking	NOUN
fbem-511	351	8	,	,	PUNCT
fbem-511	351	9	45(4	45(4	NUM
fbem-511	351	10	)	)	PUNCT
fbem-511	351	11	，	，	PUNCT
fbem-511	351	12	535	535	NUM
fbem-511	351	13	-	-	SYM
fbem-511	351	14	558	558	NUM
fbem-511	351	15	.	.	PUNCT
fbem-511	352	1	[	[	X
fbem-511	352	2	31	31	NUM
fbem-511	352	3	]	]	X
fbem-511	352	4	hasan	hasan	PROPN
fbem-511	352	5	,	,	PUNCT
fbem-511	352	6	m.	m.	NOUN
fbem-511	352	7	,	,	PUNCT
fbem-511	352	8	khan	khan	PROPN
fbem-511	352	9	,	,	PUNCT
fbem-511	352	10	a.	a.	PROPN
fbem-511	352	11	,	,	PUNCT
fbem-511	352	12	pasha	pasha	PROPN
fbem-511	352	13	,	,	PUNCT
fbem-511	352	14	h.	h.	PROPN
fbem-511	352	15	,	,	PUNCT
fbem-511	352	16	rasheed	rasheed	NOUN
fbem-511	352	17	,	,	PUNCT
fbem-511	352	18	m.	m.	NOUN
fbem-511	352	19	,	,	PUNCT
fbem-511	352	20	&	&	CCONJ
fbem-511	352	21	husain	husain	PROPN
fbem-511	352	22	,	,	PUNCT
fbem-511	352	23	a.	a.	NOUN
fbem-511	352	24	(	(	PUNCT
fbem-511	352	25	1995	1995	NUM
fbem-511	352	26	)	)	PUNCT
fbem-511	352	27	.	.	PUNCT
fbem-511	353	1	what	what	PRON
fbem-511	353	2	explains	explain	VERB
fbem-511	353	3	the	the	DET
fbem-511	353	4	current	current	ADJ
fbem-511	353	5	high	high	ADJ
fbem-511	353	6	rate	rate	NOUN
fbem-511	353	7	of	of	ADP
fbem-511	353	8	inflation	inflation	NOUN
fbem-511	353	9	in	in	ADP
fbem-511	353	10	pakistan	pakistan	PROPN
fbem-511	353	11	?	?	PUNCT
fbem-511	353	12	.	.	PUNCT
fbem-511	354	1	the	the	DET
fbem-511	354	2	pakistan	pakistan	PROPN
fbem-511	354	3	development	development	PROPN
fbem-511	354	4	review	review	PROPN
fbem-511	354	5	,	,	PUNCT
fbem-511	354	6	34(4	34(4	NUM
fbem-511	354	7	)	)	PUNCT
fbem-511	354	8	,	,	PUNCT
fbem-511	354	9	927943	927943	NUM
fbem-511	354	10	.	.	PUNCT
fbem-511	355	1	[	[	X
fbem-511	355	2	32	32	NUM
fbem-511	355	3	]	]	X
fbem-511	355	4	howard	howard	PROPN
fbem-511	355	5	,	,	PUNCT
fbem-511	355	6	k.	k.	PROPN
fbem-511	355	7	(	(	PUNCT
fbem-511	355	8	2015	2015	NUM
fbem-511	355	9	)	)	PUNCT
fbem-511	355	10	.	.	PUNCT
fbem-511	356	1	macroeconomic	macroeconomic	ADJ
fbem-511	356	2	linkages	linkage	NOUN
fbem-511	356	3	between	between	ADP
fbem-511	356	4	monetary	monetary	ADJ
fbem-511	356	5	policy	policy	NOUN
fbem-511	356	6	and	and	CCONJ
fbem-511	356	7	the	the	DET
fbem-511	356	8	term	term	NOUN
fbem-511	356	9	structure	structure	NOUN
fbem-511	356	10	of	of	ADP
fbem-511	356	11	interest	interest	NOUN
fbem-511	356	12	rates	rate	NOUN
fbem-511	356	13	.	.	PUNCT
fbem-511	357	1	journal	journal	NOUN
fbem-511	357	2	of	of	ADP
fbem-511	357	3	financial	financial	ADJ
fbem-511	357	4	economics	economic	NOUN
fbem-511	357	5	,	,	PUNCT
fbem-511	357	6	115，42	115，42	NOUN
fbem-511	357	7	-	-	SYM
fbem-511	357	8	57	57	NUM
fbem-511	357	9	.	.	PUNCT
fbem-511	358	1	[	[	X
fbem-511	358	2	33	33	NUM
fbem-511	358	3	]	]	SYM
fbem-511	358	4	hu	hu	PROPN
fbem-511	358	5	,	,	PUNCT
fbem-511	358	6	c.	c.	PROPN
fbem-511	358	7	,	,	PUNCT
fbem-511	358	8	shen	shen	PROPN
fbem-511	358	9	,	,	PUNCT
fbem-511	358	10	z.	z.	PROPN
fbem-511	358	11	,	,	PUNCT
fbem-511	358	12	yu	yu	PROPN
fbem-511	358	13	,	,	PUNCT
fbem-511	358	14	h.	h.	PROPN
fbem-511	358	15	,	,	PUNCT
fbem-511	358	16	&	&	CCONJ
fbem-511	358	17	xu	xu	PROPN
fbem-511	358	18	,	,	PUNCT
fbem-511	358	19	b.	b.	PROPN
fbem-511	358	20	(	(	PUNCT
fbem-511	358	21	2021	2021	NUM
fbem-511	358	22	,	,	PUNCT
fbem-511	358	23	august	august	PROPN
fbem-511	358	24	6	6	NUM
fbem-511	358	25	)	)	PUNCT
fbem-511	358	26	.	.	PUNCT
fbem-511	359	1	uncertainty	uncertainty	NOUN
fbem-511	359	2	shocks	shock	VERB
fbem-511	359	3	and	and	CCONJ
fbem-511	359	4	monetary	monetary	ADJ
fbem-511	359	5	policy	policy	NOUN
fbem-511	359	6	:	:	PUNCT
fbem-511	359	7	evidence	evidence	NOUN
fbem-511	359	8	from	from	ADP
fbem-511	359	9	the	the	DET
fbem-511	359	10	troika	troika	NOUN
fbem-511	359	11	of	of	ADP
fbem-511	359	12	china	china	PROPN
fbem-511	359	13	's	's	PART
fbem-511	359	14	economy	economy	NOUN
fbem-511	359	15	.	.	PUNCT
fbem-511	360	1	economic	economic	ADJ
fbem-511	360	2	research	research	NOUN
fbem-511	360	3	-	-	PUNCT
fbem-511	360	4	ekonomska	ekonomska	ADJ
fbem-511	360	5	istraživanja	istraživanja	NOUN
fbem-511	360	6	,	,	PUNCT
fbem-511	360	7	1	1	NUM
fbem-511	360	8	-	-	SYM
fbem-511	360	9	16	16	NUM
fbem-511	360	10	.	.	PUNCT
fbem-511	361	1	[	[	X
fbem-511	361	2	34	34	NUM
fbem-511	361	3	]	]	X
fbem-511	361	4	jeong	jeong	PROPN
fbem-511	361	5	,	,	PUNCT
fbem-511	361	6	j.-g	j.-g	PROPN
fbem-511	361	7	.	.	PROPN
fbem-511	361	8	,	,	PUNCT
fbem-511	361	9	&	&	CCONJ
fbem-511	361	10	lee	lee	PROPN
fbem-511	361	11	,	,	PUNCT
fbem-511	361	12	y.	y.	PROPN
fbem-511	361	13	(	(	PUNCT
fbem-511	361	14	2001	2001	NUM
fbem-511	361	15	)	)	PUNCT
fbem-511	361	16	.	.	PUNCT
fbem-511	362	1	international	international	ADJ
fbem-511	362	2	transmission	transmission	NOUN
fbem-511	362	3	of	of	ADP
fbem-511	362	4	inflation	inflation	NOUN
fbem-511	362	5	under	under	ADP
fbem-511	362	6	alternative	alternative	ADJ
fbem-511	362	7	exchange	exchange	NOUN
fbem-511	362	8	rate	rate	NOUN
fbem-511	362	9	regimes	regime	NOUN
fbem-511	362	10	:	:	PUNCT
fbem-511	362	11	empirical	empirical	ADJ
fbem-511	362	12	evidence	evidence	NOUN
fbem-511	362	13	and	and	CCONJ
fbem-511	362	14	its	its	PRON
fbem-511	362	15	implications	implication	NOUN
fbem-511	362	16	.	.	PUNCT
fbem-511	363	1	global	global	ADJ
fbem-511	363	2	financial	financial	ADJ
fbem-511	363	3	journal	journal	NOUN
fbem-511	363	4	,	,	PUNCT
fbem-511	363	5	12	12	NUM
fbem-511	363	6	,	,	PUNCT
fbem-511	363	7	121	121	NUM
fbem-511	363	8	-	-	SYM
fbem-511	363	9	137	137	NUM
fbem-511	363	10	.	.	PUNCT
fbem-511	364	1	[	[	X
fbem-511	364	2	35	35	NUM
fbem-511	364	3	]	]	X
fbem-511	364	4	joyce	joyce	PROPN
fbem-511	364	5	,	,	PUNCT
fbem-511	364	6	m.	m.	NOUN
fbem-511	364	7	,	,	PUNCT
fbem-511	364	8	miles	miles	PROPN
fbem-511	364	9	,	,	PUNCT
fbem-511	364	10	d.	d.	PROPN
fbem-511	364	11	,	,	PUNCT
fbem-511	364	12	scott	scott	PROPN
fbem-511	364	13	,	,	PUNCT
fbem-511	364	14	a.	a.	PROPN
fbem-511	364	15	,	,	PUNCT
fbem-511	364	16	&	&	CCONJ
fbem-511	364	17	vayanos	vayanos	PROPN
fbem-511	364	18	,	,	PUNCT
fbem-511	364	19	d.	d.	PROPN
fbem-511	364	20	(	(	PUNCT
fbem-511	364	21	2012	2012	NUM
fbem-511	364	22	)	)	PUNCT
fbem-511	364	23	.	.	PUNCT
fbem-511	365	1	quantitative	quantitative	ADJ
fbem-511	365	2	easing	ease	VERB
fbem-511	365	3	and	and	CCONJ
fbem-511	365	4	unconventional	unconventional	ADJ
fbem-511	365	5	monetary	monetary	ADJ
fbem-511	365	6	policy	policy	NOUN
fbem-511	365	7	–	–	PUNCT
fbem-511	365	8	an	an	DET
fbem-511	365	9	introduction	introduction	NOUN
fbem-511	365	10	.	.	PUNCT
fbem-511	366	1	the	the	DET
fbem-511	366	2	economic	economic	ADJ
fbem-511	366	3	journal	journal	NOUN
fbem-511	366	4	,	,	PUNCT
fbem-511	366	5	122(564	122(564	NUM
fbem-511	366	6	)	)	PUNCT
fbem-511	366	7	,	,	PUNCT
fbem-511	366	8	f271	f271	PROPN
fbem-511	366	9	-	-	PUNCT
fbem-511	366	10	f288	f288	PROPN
fbem-511	366	11	.	.	NOUN
fbem-511	366	12	109	109	NUM
fbem-511	367	1	[	[	SYM
fbem-511	367	2	36	36	NUM
fbem-511	367	3	]	]	X
fbem-511	367	4	kapetanios	kapetanio	NOUN
fbem-511	367	5	,	,	PUNCT
fbem-511	367	6	g.	g.	PROPN
fbem-511	367	7	,	,	PUNCT
fbem-511	367	8	mumtaz	mumtaz	PROPN
fbem-511	367	9	,	,	PUNCT
fbem-511	367	10	h.	h.	PROPN
fbem-511	367	11	,	,	PUNCT
fbem-511	367	12	stevens	stevens	PROPN
fbem-511	367	13	,	,	PUNCT
fbem-511	367	14	i.	i.	PROPN
fbem-511	367	15	,	,	PUNCT
fbem-511	367	16	&	&	CCONJ
fbem-511	367	17	theodoridis	theodoridis	PROPN
fbem-511	367	18	,	,	PUNCT
fbem-511	367	19	k.	k.	PROPN
fbem-511	367	20	(	(	PUNCT
fbem-511	367	21	2012	2012	NUM
fbem-511	367	22	)	)	PUNCT
fbem-511	367	23	.	.	PUNCT
fbem-511	368	1	assessing	assess	VERB
fbem-511	368	2	the	the	DET
fbem-511	368	3	economy	economy	NOUN
fbem-511	368	4	-	-	PUNCT
fbem-511	368	5	wide	wide	ADJ
fbem-511	368	6	effects	effect	NOUN
fbem-511	368	7	of	of	ADP
fbem-511	368	8	quantitative	quantitative	ADJ
fbem-511	368	9	easing	easing	NOUN
fbem-511	368	10	.	.	PUNCT
fbem-511	369	1	the	the	DET
fbem-511	369	2	economic	economic	ADJ
fbem-511	369	3	journal	journal	NOUN
fbem-511	369	4	,	,	PUNCT
fbem-511	369	5	316	316	NUM
fbem-511	369	6	-	-	SYM
fbem-511	369	7	348	348	NUM
fbem-511	369	8	.	.	PUNCT
fbem-511	370	1	[	[	X
fbem-511	370	2	37	37	NUM
fbem-511	370	3	]	]	X
fbem-511	370	4	kim	kim	PROPN
fbem-511	370	5	,	,	PUNCT
fbem-511	370	6	s.	s.	PROPN
fbem-511	370	7	(	(	PUNCT
fbem-511	370	8	2001	2001	NUM
fbem-511	370	9	)	)	PUNCT
fbem-511	370	10	.	.	PUNCT
fbem-511	371	1	international	international	ADJ
fbem-511	371	2	transmission	transmission	NOUN
fbem-511	371	3	of	of	ADP
fbem-511	371	4	u.	u.	PROPN
fbem-511	371	5	s.	s.	PROPN
fbem-511	371	6	monetary	monetary	ADJ
fbem-511	371	7	policy	policy	NOUN
fbem-511	371	8	shocks	shock	NOUN
fbem-511	371	9	:	:	PUNCT
fbem-511	371	10	evidence	evidence	NOUN
fbem-511	371	11	from	from	ADP
fbem-511	371	12	var	var	PROPN
fbem-511	371	13	’s	’s	PART
fbem-511	371	14	.	.	PUNCT
fbem-511	372	1	journal	journal	PROPN
fbem-511	372	2	of	of	ADP
fbem-511	372	3	monetary	monetary	ADJ
fbem-511	372	4	economics	economic	NOUN
fbem-511	372	5	,	,	PUNCT
fbem-511	372	6	339	339	NUM
fbem-511	372	7	-	-	SYM
fbem-511	372	8	372	372	NUM
fbem-511	372	9	.	.	PUNCT
fbem-511	373	1	[	[	X
fbem-511	373	2	38	38	NUM
fbem-511	373	3	]	]	X
fbem-511	373	4	kim	kim	PROPN
fbem-511	373	5	,	,	PUNCT
fbem-511	373	6	s.-j	s.-j	PROPN
fbem-511	373	7	.	.	PROPN
fbem-511	373	8	,	,	PUNCT
fbem-511	373	9	&	&	CCONJ
fbem-511	373	10	nguyen	nguyen	PROPN
fbem-511	373	11	,	,	PUNCT
fbem-511	373	12	d.	d.	PROPN
fbem-511	373	13	(	(	PUNCT
fbem-511	373	14	2009	2009	NUM
fbem-511	373	15	)	)	PUNCT
fbem-511	373	16	.	.	PUNCT
fbem-511	374	1	he	he	PRON
fbem-511	374	2	spillover	spillover	VERB
fbem-511	374	3	effects	effect	NOUN
fbem-511	374	4	of	of	ADP
fbem-511	374	5	target	target	NOUN
fbem-511	374	6	interest	interest	NOUN
fbem-511	374	7	rate	rate	NOUN
fbem-511	374	8	news	news	NOUN
fbem-511	374	9	from	from	ADP
fbem-511	374	10	the	the	DET
fbem-511	374	11	u.s	u.s	PROPN
fbem-511	374	12	.	.	PROPN
fbem-511	374	13	fed	fed	PROPN
fbem-511	374	14	and	and	CCONJ
fbem-511	374	15	the	the	DET
fbem-511	374	16	european	european	PROPN
fbem-511	374	17	central	central	PROPN
fbem-511	374	18	bank	bank	PROPN
fbem-511	374	19	on	on	ADP
fbem-511	374	20	the	the	DET
fbem-511	374	21	asia	asia	PROPN
fbem-511	374	22	-	-	PUNCT
fbem-511	374	23	pacific	pacific	ADJ
fbem-511	374	24	stock	stock	NOUN
fbem-511	374	25	markets	market	NOUN
fbem-511	374	26	.	.	PUNCT
fbem-511	375	1	journal	journal	PROPN
fbem-511	375	2	of	of	ADP
fbem-511	375	3	international	international	ADJ
fbem-511	375	4	financial	financial	ADJ
fbem-511	375	5	markets	market	NOUN
fbem-511	375	6	,	,	PUNCT
fbem-511	375	7	institutions	institution	NOUN
fbem-511	375	8	and	and	CCONJ
fbem-511	375	9	money	money	NOUN
fbem-511	375	10	,	,	PUNCT
fbem-511	375	11	19(3	19(3	NUM
fbem-511	375	12	):	):	PUNCT
fbem-511	375	13	415	415	NUM
fbem-511	375	14	-	-	SYM
fbem-511	375	15	431	431	NUM
fbem-511	375	16	.	.	PUNCT
fbem-511	376	1	[	[	X
fbem-511	376	2	39	39	NUM
fbem-511	376	3	]	]	X
fbem-511	376	4	kolodko	kolodko	NOUN
fbem-511	376	5	,	,	PUNCT
fbem-511	376	6	g.	g.	PROPN
fbem-511	376	7	(	(	PUNCT
fbem-511	376	8	1987	1987	NUM
fbem-511	376	9	)	)	PUNCT
fbem-511	376	10	.	.	PUNCT
fbem-511	377	1	international	international	ADJ
fbem-511	377	2	transmission	transmission	NOUN
fbem-511	377	3	of	of	ADP
fbem-511	377	4	inflation	inflation	NOUN
fbem-511	377	5	:	:	PUNCT
fbem-511	377	6	its	its	PRON
fbem-511	377	7	economics	economic	NOUN
fbem-511	377	8	and	and	CCONJ
fbem-511	377	9	its	its	PRON
fbem-511	377	10	politics	politic	NOUN
fbem-511	377	11	.	.	PUNCT
fbem-511	378	1	world	world	NOUN
fbem-511	378	2	development	development	PROPN
fbem-511	378	3	,	,	PUNCT
fbem-511	378	4	15(8)，11311138	15(8)，11311138	NUM
fbem-511	378	5	.	.	PUNCT
fbem-511	379	1	[	[	X
fbem-511	379	2	40	40	NUM
fbem-511	379	3	]	]	SYM
fbem-511	379	4	li	li	PROPN
fbem-511	379	5	,	,	PUNCT
fbem-511	379	6	h.	h.	PROPN
fbem-511	379	7	,	,	PUNCT
fbem-511	379	8	ni	ni	PROPN
fbem-511	379	9	,	,	PUNCT
fbem-511	379	10	j.	j.	PROPN
fbem-511	379	11	,	,	PUNCT
fbem-511	379	12	xu	xu	PROPN
fbem-511	379	13	,	,	PUNCT
fbem-511	379	14	y.	y.	PROPN
fbem-511	379	15	,	,	PUNCT
fbem-511	379	16	&	&	CCONJ
fbem-511	379	17	zhan	zhan	PROPN
fbem-511	379	18	,	,	PUNCT
fbem-511	379	19	m.	m.	NOUN
fbem-511	379	20	(	(	PUNCT
fbem-511	379	21	2021	2021	NUM
fbem-511	379	22	,	,	PUNCT
fbem-511	379	23	july	july	PROPN
fbem-511	379	24	26	26	NUM
fbem-511	379	25	)	)	PUNCT
fbem-511	379	26	.	.	PUNCT
fbem-511	380	1	monetary	monetary	ADJ
fbem-511	380	2	policy	policy	NOUN
fbem-511	380	3	and	and	CCONJ
fbem-511	380	4	its	its	PRON
fbem-511	380	5	transmission	transmission	NOUN
fbem-511	380	6	channels	channel	NOUN
fbem-511	380	7	:	:	PUNCT
fbem-511	380	8	evidence	evidence	NOUN
fbem-511	380	9	from	from	ADP
fbem-511	380	10	china	china	PROPN
fbem-511	380	11	.	.	PUNCT
fbem-511	381	1	pacific	pacific	ADJ
fbem-511	381	2	-	-	PUNCT
fbem-511	381	3	basin	basin	NOUN
fbem-511	381	4	finance	finance	NOUN
fbem-511	381	5	journal	journal	NOUN
fbem-511	381	6	,	,	PUNCT
fbem-511	381	7	68,101621	68,101621	PROPN
fbem-511	381	8	.	.	PUNCT
fbem-511	382	1	[	[	X
fbem-511	382	2	41	41	NUM
fbem-511	382	3	]	]	X
fbem-511	382	4	lin	lin	PROPN
fbem-511	382	5	,	,	PUNCT
fbem-511	382	6	j.-y	j.-y	PROPN
fbem-511	382	7	.	.	PUNCT
fbem-511	382	8	,	,	PUNCT
fbem-511	382	9	batmunkh	batmunkh	ADJ
fbem-511	382	10	,	,	PUNCT
fbem-511	382	11	m.-u	m.-u	PROPN
fbem-511	382	12	.	.	PUNCT
fbem-511	382	13	,	,	PUNCT
fbem-511	382	14	moslehpour	moslehpour	PROPN
fbem-511	382	15	,	,	PUNCT
fbem-511	382	16	m.	m.	NOUN
fbem-511	382	17	,	,	PUNCT
fbem-511	382	18	lin	lin	PROPN
fbem-511	382	19	,	,	PUNCT
fbem-511	382	20	c.-y	c.-y	NOUN
fbem-511	382	21	.	.	PUNCT
fbem-511	382	22	,	,	PUNCT
fbem-511	382	23	&	&	CCONJ
fbem-511	382	24	lei	lei	PROPN
fbem-511	382	25	,	,	PUNCT
fbem-511	382	26	k.-m	k.-m	PROPN
fbem-511	382	27	.	.	PUNCT
fbem-511	383	1	(	(	PUNCT
fbem-511	383	2	2018	2018	NUM
fbem-511	383	3	)	)	PUNCT
fbem-511	383	4	.	.	PUNCT
fbem-511	384	1	impact	impact	NOUN
fbem-511	384	2	analysis	analysis	NOUN
fbem-511	384	3	of	of	ADP
fbem-511	384	4	us	we	PRON
fbem-511	384	5	quantitative	quantitative	ADJ
fbem-511	384	6	easing	ease	VERB
fbem-511	384	7	policy	policy	NOUN
fbem-511	384	8	on	on	ADP
fbem-511	384	9	emerging	emerge	VERB
fbem-511	384	10	markets	market	NOUN
fbem-511	384	11	.	.	PUNCT
fbem-511	385	1	international	international	ADJ
fbem-511	385	2	journal	journal	NOUN
fbem-511	385	3	of	of	ADP
fbem-511	385	4	emerging	emerge	VERB
fbem-511	385	5	markets	market	NOUN
fbem-511	385	6	,	,	PUNCT
fbem-511	385	7	13(1	13(1	NUM
fbem-511	385	8	)	)	PUNCT
fbem-511	385	9	,	,	PUNCT
fbem-511	385	10	185	185	NUM
fbem-511	385	11	-	-	SYM
fbem-511	385	12	202	202	NUM
fbem-511	385	13	.	.	PUNCT
fbem-511	386	1	[	[	X
fbem-511	386	2	42	42	NUM
fbem-511	386	3	]	]	X
fbem-511	386	4	liu	liu	PROPN
fbem-511	386	5	,	,	PUNCT
fbem-511	386	6	d.	d.	PROPN
fbem-511	386	7	,	,	PUNCT
fbem-511	386	8	sun	sun	PROPN
fbem-511	386	9	,	,	PUNCT
fbem-511	386	10	w.	w.	PROPN
fbem-511	386	11	,	,	PUNCT
fbem-511	386	12	&	&	CCONJ
fbem-511	386	13	chang	chang	PROPN
fbem-511	386	14	,	,	PUNCT
fbem-511	386	15	l.	l.	PROPN
fbem-511	386	16	(	(	PUNCT
fbem-511	386	17	2021	2021	NUM
fbem-511	386	18	)	)	PUNCT
fbem-511	386	19	.	.	PUNCT
fbem-511	387	1	monetary	monetary	ADJ
fbem-511	387	2	–	–	PUNCT
fbem-511	387	3	fiscal	fiscal	ADJ
fbem-511	387	4	policy	policy	NOUN
fbem-511	387	5	regime	regime	NOUN
fbem-511	387	6	and	and	CCONJ
fbem-511	387	7	macroeconomic	macroeconomic	ADJ
fbem-511	387	8	dynamics	dynamic	NOUN
fbem-511	387	9	in	in	ADP
fbem-511	387	10	china	china	PROPN
fbem-511	387	11	.	.	PUNCT
fbem-511	388	1	economic	economic	ADJ
fbem-511	388	2	modelling	modelling	NOUN
fbem-511	388	3	,	,	PUNCT
fbem-511	388	4	95	95	NUM
fbem-511	388	5	,	,	PUNCT
fbem-511	388	6	121–135	121–135	NUM
fbem-511	388	7	.	.	PUNCT
fbem-511	389	1	[	[	X
fbem-511	389	2	43	43	NUM
fbem-511	389	3	]	]	X
fbem-511	389	4	lombardi	lombardi	PROPN
fbem-511	389	5	,	,	PUNCT
fbem-511	389	6	d.	d.	PROPN
fbem-511	389	7	,	,	PUNCT
fbem-511	389	8	siklos	siklo	NOUN
fbem-511	389	9	,	,	PUNCT
fbem-511	389	10	p.	p.	NOUN
fbem-511	389	11	,	,	PUNCT
fbem-511	389	12	&	&	CCONJ
fbem-511	389	13	xie	xie	PROPN
fbem-511	389	14	,	,	PUNCT
fbem-511	389	15	x.	x.	NOUN
fbem-511	389	16	(	(	PUNCT
fbem-511	389	17	2018	2018	NUM
fbem-511	389	18	,	,	PUNCT
fbem-511	389	19	october	october	PROPN
fbem-511	389	20	13	13	NUM
fbem-511	389	21	)	)	PUNCT
fbem-511	389	22	.	.	PUNCT
fbem-511	390	1	monetary	monetary	ADJ
fbem-511	390	2	policy	policy	NOUN
fbem-511	390	3	transmission	transmission	NOUN
fbem-511	390	4	in	in	ADP
fbem-511	390	5	systemically	systemically	ADV
fbem-511	390	6	important	important	ADJ
fbem-511	390	7	economies	economy	NOUN
fbem-511	390	8	and	and	CCONJ
fbem-511	390	9	china	china	PROPN
fbem-511	390	10	’s	’s	PART
fbem-511	390	11	impact	impact	NOUN
fbem-511	390	12	.	.	PUNCT
fbem-511	391	1	journal	journal	NOUN
fbem-511	391	2	of	of	ADP
fbem-511	391	3	asian	asian	ADJ
fbem-511	391	4	economics	economic	NOUN
fbem-511	391	5	,	,	PUNCT
fbem-511	391	6	59,61	59,61	PROPN
fbem-511	391	7	-	-	SYM
fbem-511	391	8	79	79	NUM
fbem-511	391	9	.	.	PUNCT
fbem-511	392	1	[	[	X
fbem-511	392	2	44	44	NUM
fbem-511	392	3	]	]	X
fbem-511	392	4	maćkowiak	maćkowiak	PROPN
fbem-511	392	5	,	,	PUNCT
fbem-511	392	6	b.	b.	PROPN
fbem-511	392	7	(	(	PUNCT
fbem-511	392	8	2007	2007	NUM
fbem-511	392	9	)	)	PUNCT
fbem-511	392	10	.	.	PUNCT
fbem-511	393	1	external	external	ADJ
fbem-511	393	2	shocks	shock	NOUN
fbem-511	393	3	,	,	PUNCT
fbem-511	393	4	u.s	u.s	PROPN
fbem-511	393	5	.	.	PROPN
fbem-511	393	6	monetary	monetary	ADJ
fbem-511	393	7	policy	policy	NOUN
fbem-511	393	8	and	and	CCONJ
fbem-511	393	9	macroeconomic	macroeconomic	ADJ
fbem-511	393	10	fluctuations	fluctuation	NOUN
fbem-511	393	11	in	in	ADP
fbem-511	393	12	emerging	emerge	VERB
fbem-511	393	13	markets	market	NOUN
fbem-511	393	14	.	.	PUNCT
fbem-511	394	1	journal	journal	NOUN
fbem-511	394	2	of	of	ADP
fbem-511	394	3	monetary	monetary	ADJ
fbem-511	394	4	economics	economic	NOUN
fbem-511	394	5	,	,	PUNCT
fbem-511	394	6	54(8),2512	54(8),2512	NUM
fbem-511	394	7	-	-	SYM
fbem-511	394	8	2520	2520	NUM
fbem-511	394	9	.	.	PUNCT
fbem-511	395	1	[	[	X
fbem-511	395	2	45	45	NUM
fbem-511	395	3	]	]	SYM
fbem-511	395	4	mundell	mundell	PROPN
fbem-511	395	5	,	,	PUNCT
fbem-511	395	6	r.	r.	PROPN
fbem-511	395	7	(	(	PUNCT
fbem-511	395	8	1963	1963	NUM
fbem-511	395	9	)	)	PUNCT
fbem-511	395	10	.	.	PUNCT
fbem-511	396	1	capital	capital	NOUN
fbem-511	396	2	mobility	mobility	NOUN
fbem-511	396	3	and	and	CCONJ
fbem-511	396	4	stabilization	stabilization	NOUN
fbem-511	396	5	policy	policy	NOUN
fbem-511	396	6	under	under	ADP
fbem-511	396	7	fixed	fix	VERB
fbem-511	396	8	and	and	CCONJ
fbem-511	396	9	flexible	flexible	ADJ
fbem-511	396	10	exchange	exchange	NOUN
fbem-511	396	11	rates	rate	NOUN
fbem-511	396	12	.	.	PUNCT
fbem-511	397	1	canadian	canadian	ADJ
fbem-511	397	2	journal	journal	PROPN
fbem-511	397	3	of	of	ADP
fbem-511	397	4	economics	economic	NOUN
fbem-511	397	5	and	and	CCONJ
fbem-511	397	6	political	political	ADJ
fbem-511	397	7	science	science	NOUN
fbem-511	397	8	,	,	PUNCT
fbem-511	397	9	29	29	NUM
fbem-511	397	10	(	(	PUNCT
fbem-511	397	11	4	4	NUM
fbem-511	397	12	):	):	PUNCT
fbem-511	397	13	475–485	475–485	NUM
fbem-511	397	14	.	.	PUNCT
fbem-511	398	1	[	[	X
fbem-511	398	2	46	46	NUM
fbem-511	398	3	]	]	X
fbem-511	398	4	nakajima	nakajima	PROPN
fbem-511	398	5	,	,	PUNCT
fbem-511	398	6	j.	j.	PROPN
fbem-511	398	7	(	(	PUNCT
fbem-511	398	8	2011	2011	NUM
fbem-511	398	9	)	)	PUNCT
fbem-511	398	10	.	.	PUNCT
fbem-511	399	1	monetary	monetary	ADJ
fbem-511	399	2	policy	policy	NOUN
fbem-511	399	3	transmission	transmission	NOUN
fbem-511	399	4	under	under	ADP
fbem-511	399	5	zero	zero	NUM
fbem-511	399	6	interest	interest	NOUN
fbem-511	399	7	rates	rate	NOUN
fbem-511	399	8	:	:	PUNCT
fbem-511	399	9	an	an	DET
fbem-511	399	10	extended	extended	ADJ
fbem-511	399	11	time	time	NOUN
fbem-511	399	12	-	-	PUNCT
fbem-511	399	13	varying	vary	VERB
fbem-511	399	14	parameter	parameter	NOUN
fbem-511	399	15	vector	vector	NOUN
fbem-511	399	16	autoregression	autoregression	NOUN
fbem-511	399	17	approach	approach	NOUN
fbem-511	399	18	.	.	PUNCT
fbem-511	400	1	the	the	DET
fbem-511	400	2	b.e	b.e	PROPN
fbem-511	400	3	.	.	PROPN
fbem-511	400	4	journal	journal	PROPN
fbem-511	400	5	of	of	ADP
fbem-511	400	6	macroeconomics	macroeconomic	NOUN
fbem-511	400	7	,	,	PUNCT
fbem-511	400	8	11(1	11(1	NUM
fbem-511	400	9	)	)	PUNCT
fbem-511	400	10	,	,	PUNCT
fbem-511	400	11	1	1	NUM
fbem-511	400	12	-	-	SYM
fbem-511	400	13	25	25	NUM
fbem-511	400	14	.	.	PUNCT
fbem-511	401	1	[	[	X
fbem-511	401	2	47	47	NUM
fbem-511	401	3	]	]	X
fbem-511	401	4	nell	nell	PROPN
fbem-511	401	5	,	,	PUNCT
fbem-511	401	6	k.	k.	PROPN
fbem-511	401	7	(	(	PUNCT
fbem-511	401	8	2004	2004	NUM
fbem-511	401	9	)	)	PUNCT
fbem-511	401	10	.	.	PUNCT
fbem-511	402	1	the	the	DET
fbem-511	402	2	structuralist	structuralist	ADJ
fbem-511	402	3	theory	theory	NOUN
fbem-511	402	4	of	of	ADP
fbem-511	402	5	imported	import	VERB
fbem-511	402	6	inflation	inflation	NOUN
fbem-511	402	7	:	:	PUNCT
fbem-511	402	8	an	an	DET
fbem-511	402	9	application	application	NOUN
fbem-511	402	10	to	to	ADP
fbem-511	402	11	south	south	PROPN
fbem-511	402	12	africa	africa	PROPN
fbem-511	402	13	.	.	PUNCT
fbem-511	403	1	applied	apply	VERB
fbem-511	403	2	economics	economic	NOUN
fbem-511	403	3	,	,	PUNCT
fbem-511	403	4	36(7	36(7	NUM
fbem-511	403	5	)	)	PUNCT
fbem-511	403	6	，	，	PUNCT
fbem-511	403	7	1431	1431	NUM
fbem-511	403	8	-	-	SYM
fbem-511	403	9	1444	1444	NUM
fbem-511	403	10	.	.	PUNCT
fbem-511	404	1	[	[	X
fbem-511	404	2	48	48	NUM
fbem-511	404	3	]	]	PUNCT
fbem-511	404	4	neri	neri	PROPN
fbem-511	404	5	,	,	PUNCT
fbem-511	404	6	s.	s.	PROPN
fbem-511	404	7	,	,	PUNCT
fbem-511	404	8	&	&	CCONJ
fbem-511	404	9	nobili	nobili	PROPN
fbem-511	404	10	,	,	PUNCT
fbem-511	404	11	a.	a.	NOUN
fbem-511	404	12	(	(	PUNCT
fbem-511	404	13	2010	2010	NUM
fbem-511	404	14	)	)	PUNCT
fbem-511	404	15	.	.	PUNCT
fbem-511	405	1	the	the	DET
fbem-511	405	2	transmission	transmission	NOUN
fbem-511	405	3	of	of	ADP
fbem-511	405	4	us	we	PRON
fbem-511	405	5	monetary	monetary	ADJ
fbem-511	405	6	policy	policy	NOUN
fbem-511	405	7	to	to	ADP
fbem-511	405	8	the	the	DET
fbem-511	405	9	euro	euro	PROPN
fbem-511	405	10	area	area	NOUN
fbem-511	405	11	.	.	PUNCT
fbem-511	406	1	international	international	ADJ
fbem-511	406	2	finance	finance	NOUN
fbem-511	406	3	,	,	PUNCT
fbem-511	406	4	13(1	13(1	NUM
fbem-511	406	5	)	)	PUNCT
fbem-511	406	6	,	,	PUNCT
fbem-511	406	7	55	55	NUM
fbem-511	406	8	-	-	SYM
fbem-511	406	9	78	78	NUM
fbem-511	406	10	.	.	PUNCT
fbem-511	407	1	[	[	X
fbem-511	407	2	49	49	NUM
fbem-511	407	3	]	]	SYM
fbem-511	407	4	oda	oda	PROPN
fbem-511	407	5	,	,	PUNCT
fbem-511	407	6	n.	n.	NOUN
fbem-511	407	7	,	,	PUNCT
fbem-511	407	8	&	&	CCONJ
fbem-511	407	9	ueda	ueda	PROPN
fbem-511	407	10	,	,	PUNCT
fbem-511	407	11	k.	k.	PROPN
fbem-511	407	12	(	(	PUNCT
fbem-511	407	13	2005	2005	NUM
fbem-511	407	14	)	)	PUNCT
fbem-511	407	15	.	.	PUNCT
fbem-511	408	1	the	the	DET
fbem-511	408	2	effects	effect	NOUN
fbem-511	408	3	of	of	ADP
fbem-511	408	4	the	the	DET
fbem-511	408	5	bank	bank	PROPN
fbem-511	408	6	of	of	ADP
fbem-511	408	7	japan	japan	PROPN
fbem-511	408	8	's	's	PART
fbem-511	408	9	zero	zero	NUM
fbem-511	408	10	interest	interest	NOUN
fbem-511	408	11	rate	rate	NOUN
fbem-511	408	12	commitment	commitment	NOUN
fbem-511	408	13	and	and	CCONJ
fbem-511	408	14	quantitative	quantitative	ADJ
fbem-511	408	15	monetary	monetary	ADJ
fbem-511	408	16	easing	easing	NOUN
fbem-511	408	17	on	on	ADP
fbem-511	408	18	the	the	DET
fbem-511	408	19	yield	yield	NOUN
fbem-511	408	20	curve	curve	NOUN
fbem-511	408	21	:	:	PUNCT
fbem-511	408	22	a	a	DET
fbem-511	408	23	macro	macro	ADJ
fbem-511	408	24	-	-	ADJ
fbem-511	408	25	finance	finance	NOUN
fbem-511	408	26	approach	approach	NOUN
fbem-511	408	27	.	.	PUNCT
fbem-511	409	1	the	the	DET
fbem-511	409	2	japanese	japanese	ADJ
fbem-511	409	3	economic	economic	PROPN
fbem-511	409	4	review	review	NOUN
fbem-511	409	5	,	,	PUNCT
fbem-511	409	6	58(3)，303	58(3)，303	NUM
fbem-511	409	7	-	-	SYM
fbem-511	409	8	328	328	NUM
fbem-511	409	9	.	.	PUNCT
fbem-511	410	1	[	[	X
fbem-511	410	2	50	50	NUM
fbem-511	410	3	]	]	PUNCT
fbem-511	410	4	öner	öner	NOUN
fbem-511	410	5	,	,	PUNCT
fbem-511	410	6	s.	s.	PROPN
fbem-511	410	7	,	,	PUNCT
fbem-511	410	8	&	&	CCONJ
fbem-511	410	9	oglu	oglu	PROPN
fbem-511	410	10	,	,	PUNCT
fbem-511	410	11	c.	c.	PROPN
fbem-511	410	12	ş	ş	PROPN
fbem-511	410	13	.	.	PUNCT
fbem-511	411	1	(	(	PUNCT
fbem-511	411	2	2020	2020	NUM
fbem-511	411	3	)	)	PUNCT
fbem-511	411	4	.	.	PUNCT
fbem-511	412	1	the	the	DET
fbem-511	412	2	effect	effect	NOUN
fbem-511	412	3	of	of	ADP
fbem-511	412	4	us	us	PROPN
fbem-511	412	5	monetary	monetary	ADJ
fbem-511	412	6	policy	policy	NOUN
fbem-511	412	7	on	on	ADP
fbem-511	412	8	the	the	DET
fbem-511	412	9	credit	credit	NOUN
fbem-511	412	10	growth	growth	NOUN
fbem-511	412	11	of	of	ADP
fbem-511	412	12	emerging	emerge	VERB
fbem-511	412	13	market	market	NOUN
fbem-511	412	14	economies	economy	NOUN
fbem-511	412	15	.	.	PUNCT
fbem-511	413	1	journal	journal	NOUN
fbem-511	413	2	of	of	ADP
fbem-511	413	3	business	business	NOUN
fbem-511	413	4	research	research	NOUN
fbem-511	413	5	-	-	PUNCT
fbem-511	413	6	turkk	turkk	NOUN
fbem-511	413	7	,	,	PUNCT
fbem-511	413	8	pp	pp	ADJ
fbem-511	413	9	.	.	PUNCT
fbem-511	414	1	12(1	12(1	NUM
fbem-511	414	2	)	)	PUNCT
fbem-511	414	3	,	,	PUNCT
fbem-511	414	4	18	18	NUM
fbem-511	414	5	-	-	SYM
fbem-511	414	6	27	27	NUM
fbem-511	414	7	.	.	PUNCT
fbem-511	415	1	[	[	X
fbem-511	415	2	51	51	NUM
fbem-511	415	3	]	]	SYM
fbem-511	415	4	romer	romer	NOUN
fbem-511	415	5	,	,	PUNCT
fbem-511	415	6	c.	c.	PROPN
fbem-511	415	7	,	,	PUNCT
fbem-511	415	8	&	&	CCONJ
fbem-511	415	9	romer	romer	PROPN
fbem-511	415	10	,	,	PUNCT
fbem-511	415	11	d.	d.	PROPN
fbem-511	415	12	(	(	PUNCT
fbem-511	415	13	2004	2004	NUM
fbem-511	415	14	)	)	PUNCT
fbem-511	415	15	.	.	PUNCT
fbem-511	416	1	a	a	DET
fbem-511	416	2	new	new	ADJ
fbem-511	416	3	measure	measure	NOUN
fbem-511	416	4	of	of	ADP
fbem-511	416	5	monetary	monetary	ADJ
fbem-511	416	6	shocks	shock	NOUN
fbem-511	416	7	:	:	PUNCT
fbem-511	416	8	derivation	derivation	NOUN
fbem-511	416	9	and	and	CCONJ
fbem-511	416	10	implications	implication	NOUN
fbem-511	416	11	.	.	PUNCT
fbem-511	417	1	the	the	DET
fbem-511	417	2	american	american	PROPN
fbem-511	417	3	economic	economic	PROPN
fbem-511	417	4	review	review	PROPN
fbem-511	417	5	,	,	PUNCT
fbem-511	417	6	9，1055	9，1055	NUM
fbem-511	417	7	-	-	SYM
fbem-511	417	8	1084	1084	NUM
fbem-511	417	9	.	.	PUNCT
fbem-511	418	1	[	[	X
fbem-511	418	2	52	52	NUM
fbem-511	418	3	]	]	X
fbem-511	418	4	ronkainen	ronkainen	NOUN
fbem-511	418	5	,	,	PUNCT
fbem-511	418	6	a.	a.	PROPN
fbem-511	418	7	,	,	PUNCT
fbem-511	418	8	&	&	CCONJ
fbem-511	418	9	sorsa	sorsa	PROPN
fbem-511	418	10	,	,	PUNCT
fbem-511	418	11	v.-p	v.-p	PROPN
fbem-511	418	12	.	.	PUNCT
fbem-511	419	1	(	(	PUNCT
fbem-511	419	2	2017	2017	NUM
fbem-511	419	3	,	,	PUNCT
fbem-511	419	4	october	october	PROPN
fbem-511	419	5	9	9	NUM
fbem-511	419	6	)	)	PUNCT
fbem-511	419	7	.	.	PUNCT
fbem-511	420	1	quantitative	quantitative	ADJ
fbem-511	420	2	easing	ease	VERB
fbem-511	420	3	forever	forever	ADV
fbem-511	420	4	?	?	PUNCT
fbem-511	421	1	financialisation	financialisation	NOUN
fbem-511	421	2	and	and	CCONJ
fbem-511	421	3	the	the	DET
fbem-511	421	4	institutional	institutional	ADJ
fbem-511	421	5	legitimacy	legitimacy	NOUN
fbem-511	421	6	of	of	ADP
fbem-511	421	7	the	the	DET
fbem-511	421	8	federal	federal	PROPN
fbem-511	421	9	reserve	reserve	PROPN
fbem-511	421	10	’s	’s	PART
fbem-511	421	11	unconventional	unconventional	ADJ
fbem-511	421	12	monetary	monetary	ADJ
fbem-511	421	13	policy	policy	NOUN
fbem-511	421	14	.	.	PUNCT
fbem-511	422	1	new	new	ADJ
fbem-511	422	2	political	political	ADJ
fbem-511	422	3	economy	economy	NOUN
fbem-511	422	4	,	,	PUNCT
fbem-511	422	5	23(6	23(6	NUM
fbem-511	422	6	)	)	PUNCT
fbem-511	422	7	,	,	PUNCT
fbem-511	422	8	711	711	NUM
fbem-511	422	9	-	-	SYM
fbem-511	422	10	727	727	NUM
fbem-511	422	11	.	.	PUNCT
fbem-511	423	1	[	[	X
fbem-511	423	2	53	53	NUM
fbem-511	423	3	]	]	PUNCT
fbem-511	423	4	sims	sim	NOUN
fbem-511	423	5	,	,	PUNCT
fbem-511	423	6	c.	c.	PROPN
fbem-511	423	7	(	(	PUNCT
fbem-511	423	8	1986	1986	NUM
fbem-511	423	9	)	)	PUNCT
fbem-511	423	10	.	.	PUNCT
fbem-511	424	1	are	be	AUX
fbem-511	424	2	forecasting	forecast	VERB
fbem-511	424	3	models	model	NOUN
fbem-511	424	4	usable	usable	ADJ
fbem-511	424	5	for	for	ADP
fbem-511	424	6	policy	policy	NOUN
fbem-511	424	7	analysis	analysis	NOUN
fbem-511	424	8	?	?	PUNCT
fbem-511	425	1	federal	federal	PROPN
fbem-511	425	2	reserve	reserve	PROPN
fbem-511	425	3	bank	bank	PROPN
fbem-511	425	4	of	of	ADP
fbem-511	425	5	minneapolis	minneapolis	PROPN
fbem-511	425	6	quarterly	quarterly	PROPN
fbem-511	425	7	review	review	NOUN
fbem-511	425	8	,	,	PUNCT
fbem-511	425	9	10(1	10(1	NUM
fbem-511	425	10	)	)	PUNCT
fbem-511	425	11	,	,	PUNCT
fbem-511	425	12	2	2	NUM
fbem-511	425	13	-	-	SYM
fbem-511	425	14	16	16	NUM
fbem-511	425	15	.	.	PUNCT
fbem-511	426	1	[	[	X
fbem-511	426	2	54	54	NUM
fbem-511	426	3	]	]	PUNCT
fbem-511	426	4	sousa	sousa	PROPN
fbem-511	426	5	,	,	PUNCT
fbem-511	426	6	j.	j.	PROPN
fbem-511	426	7	,	,	PUNCT
fbem-511	426	8	&	&	CCONJ
fbem-511	426	9	zaghinib	zaghinib	NOUN
fbem-511	426	10	,	,	PUNCT
fbem-511	426	11	a.	a.	NOUN
fbem-511	426	12	(	(	PUNCT
fbem-511	426	13	2007	2007	NUM
fbem-511	426	14	)	)	PUNCT
fbem-511	426	15	.	.	PUNCT
fbem-511	427	1	a	a	DET
fbem-511	427	2	global	global	ADJ
fbem-511	427	3	monetary	monetary	ADJ
fbem-511	427	4	policy	policy	NOUN
fbem-511	427	5	shocks	shock	NOUN
fbem-511	427	6	in	in	ADP
fbem-511	427	7	the	the	DET
fbem-511	427	8	g5	g5	NOUN
fbem-511	427	9	:	:	PUNCT
fbem-511	427	10	a	a	DET
fbem-511	427	11	svar	svar	PROPN
fbem-511	427	12	approach	approach	NOUN
fbem-511	427	13	.	.	PUNCT
fbem-511	428	1	journal	journal	PROPN
fbem-511	428	2	of	of	ADP
fbem-511	428	3	international	international	ADJ
fbem-511	428	4	financial	financial	ADJ
fbem-511	428	5	markets	market	NOUN
fbem-511	428	6	,	,	PUNCT
fbem-511	428	7	institutions	institution	NOUN
fbem-511	428	8	and	and	CCONJ
fbem-511	428	9	money	money	NOUN
fbem-511	428	10	,	,	PUNCT
fbem-511	428	11	413	413	NUM
fbem-511	428	12	-	-	SYM
fbem-511	428	13	419	419	NUM
fbem-511	428	14	.	.	PUNCT
fbem-511	429	1	[	[	X
fbem-511	429	2	55	55	NUM
fbem-511	429	3	]	]	X
fbem-511	429	4	sun	sun	NOUN
fbem-511	429	5	,	,	PUNCT
fbem-511	429	6	o.	o.	PROPN
fbem-511	429	7	,	,	PUNCT
fbem-511	429	8	&	&	CCONJ
fbem-511	429	9	liu	liu	PROPN
fbem-511	429	10	,	,	PUNCT
fbem-511	429	11	z.	z.	PROPN
fbem-511	429	12	(	(	PUNCT
fbem-511	429	13	2016	2016	NUM
fbem-511	429	14	,	,	PUNCT
fbem-511	429	15	november	november	PROPN
fbem-511	429	16	16	16	NUM
fbem-511	429	17	)	)	PUNCT
fbem-511	429	18	.	.	PUNCT
fbem-511	430	1	comparison	comparison	NOUN
fbem-511	430	2	of	of	ADP
fbem-511	430	3	monetary	monetary	ADJ
fbem-511	430	4	policy	policy	NOUN
fbem-511	430	5	actions	action	NOUN
fbem-511	430	6	and	and	CCONJ
fbem-511	430	7	central	central	ADJ
fbem-511	430	8	bank	bank	NOUN
fbem-511	430	9	communication	communication	NOUN
fbem-511	430	10	on	on	ADP
fbem-511	430	11	tackling	tackle	VERB
fbem-511	430	12	asset	asset	NOUN
fbem-511	430	13	price	price	NOUN
fbem-511	430	14	bubbles	bubble	NOUN
fbem-511	430	15	—	—	PUNCT
fbem-511	430	16	evidence	evidence	NOUN
fbem-511	430	17	from	from	ADP
fbem-511	430	18	china	china	PROPN
fbem-511	430	19	’s	’s	PART
fbem-511	430	20	stock	stock	NOUN
fbem-511	430	21	market	market	NOUN
fbem-511	430	22	.	.	PUNCT
fbem-511	431	1	plos	plos	PROPN
fbem-511	431	2	one,1	one,1	PROPN
fbem-511	431	3	-	-	PUNCT
fbem-511	431	4	20	20	NUM
fbem-511	431	5	.	.	PUNCT
fbem-511	432	1	[	[	X
fbem-511	432	2	56	56	NUM
fbem-511	432	3	]	]	X
fbem-511	432	4	tang	tang	NOUN
fbem-511	432	5	,	,	PUNCT
fbem-511	432	6	y.	y.	PROPN
fbem-511	432	7	,	,	PUNCT
fbem-511	432	8	luo	luo	PROPN
fbem-511	432	9	,	,	PUNCT
fbem-511	432	10	y.	y.	PROPN
fbem-511	432	11	,	,	PUNCT
fbem-511	432	12	xiong	xiong	PROPN
fbem-511	432	13	,	,	PUNCT
fbem-511	432	14	j.	j.	PROPN
fbem-511	432	15	,	,	PUNCT
fbem-511	432	16	zhao	zhao	PROPN
fbem-511	432	17	,	,	PUNCT
fbem-511	432	18	f.	f.	PROPN
fbem-511	432	19	,	,	PUNCT
fbem-511	432	20	&	&	CCONJ
fbem-511	432	21	zhang	zhang	PROPN
fbem-511	432	22	,	,	PUNCT
fbem-511	432	23	y.-c	y.-c	PROPN
fbem-511	432	24	.	.	PUNCT
fbem-511	433	1	(	(	PUNCT
fbem-511	433	2	2013	2013	NUM
fbem-511	433	3	,	,	PUNCT
fbem-511	433	4	may	may	AUX
fbem-511	433	5	24	24	NUM
fbem-511	433	6	)	)	PUNCT
fbem-511	433	7	.	.	PUNCT
fbem-511	434	1	impact	impact	NOUN
fbem-511	434	2	of	of	ADP
fbem-511	434	3	monetary	monetary	ADJ
fbem-511	434	4	policy	policy	NOUN
fbem-511	434	5	changes	change	NOUN
fbem-511	434	6	on	on	ADP
fbem-511	434	7	the	the	DET
fbem-511	434	8	chinese	chinese	ADJ
fbem-511	434	9	monetary	monetary	ADJ
fbem-511	434	10	and	and	CCONJ
fbem-511	434	11	stock	stock	NOUN
fbem-511	434	12	markets	market	NOUN
fbem-511	434	13	.	.	PUNCT
fbem-511	435	1	physica	physica	PROPN
fbem-511	435	2	a	a	DET
fbem-511	435	3	,	,	PUNCT
fbem-511	435	4	392,4435	392,4435	NUM
fbem-511	435	5	-	-	SYM
fbem-511	435	6	4449	4449	NUM
fbem-511	435	7	.	.	PUNCT
fbem-511	436	1	[	[	X
fbem-511	436	2	57	57	NUM
fbem-511	436	3	]	]	X
fbem-511	436	4	thanh	thanh	PROPN
fbem-511	436	5	,	,	PUNCT
fbem-511	436	6	s.	s.	PROPN
fbem-511	436	7	,	,	PUNCT
fbem-511	436	8	canh	canh	PROPN
fbem-511	436	9	,	,	PUNCT
fbem-511	436	10	n.	n.	NOUN
fbem-511	436	11	,	,	PUNCT
fbem-511	436	12	&	&	CCONJ
fbem-511	436	13	doytch	doytch	PROPN
fbem-511	436	14	,	,	PUNCT
fbem-511	436	15	n.	n.	PROPN
fbem-511	436	16	(	(	PUNCT
fbem-511	436	17	2020	2020	NUM
fbem-511	436	18	,	,	PUNCT
fbem-511	436	19	may	may	AUX
fbem-511	436	20	3	3	NUM
fbem-511	436	21	)	)	PUNCT
fbem-511	436	22	.	.	PUNCT
fbem-511	437	1	asymmetric	asymmetric	ADJ
fbem-511	437	2	effects	effect	NOUN
fbem-511	437	3	of	of	ADP
fbem-511	437	4	u.s	u.s	PROPN
fbem-511	437	5	.	.	PROPN
fbem-511	437	6	monetary	monetary	ADJ
fbem-511	437	7	policy	policy	NOUN
fbem-511	437	8	on	on	ADP
fbem-511	437	9	the	the	DET
fbem-511	437	10	u.s	u.s	PROPN
fbem-511	437	11	.	.	PROPN
fbem-511	437	12	bilateral	bilateral	ADJ
fbem-511	437	13	trade	trade	NOUN
fbem-511	437	14	deficit	deficit	NOUN
fbem-511	437	15	with	with	ADP
fbem-511	437	16	china	china	PROPN
fbem-511	437	17	:	:	PUNCT
fbem-511	437	18	a	a	DET
fbem-511	437	19	markov	markov	NOUN
fbem-511	437	20	switching	switch	VERB
fbem-511	437	21	ardl	ardl	NOUN
fbem-511	437	22	model	model	NOUN
fbem-511	437	23	approach	approach	NOUN
fbem-511	437	24	.	.	PUNCT
fbem-511	438	1	the	the	DET
fbem-511	438	2	journal	journal	NOUN
fbem-511	438	3	of	of	ADP
fbem-511	438	4	economic	economic	ADJ
fbem-511	438	5	asymmetries	asymmetry	NOUN
fbem-511	438	6	,	,	PUNCT
fbem-511	438	7	22	22	NUM
fbem-511	438	8	,	,	PUNCT
fbem-511	438	9	e00168	e00168	PROPN
fbem-511	438	10	.	.	PUNCT
fbem-511	439	1	[	[	X
fbem-511	439	2	58	58	NUM
fbem-511	439	3	]	]	PUNCT
fbem-511	439	4	trichet	trichet	NOUN
fbem-511	439	5	,	,	PUNCT
fbem-511	439	6	j.	j.	PROPN
fbem-511	439	7	(	(	PUNCT
fbem-511	439	8	2013	2013	NUM
fbem-511	439	9	)	)	PUNCT
fbem-511	439	10	.	.	PUNCT
fbem-511	440	1	unconventional	unconventional	ADJ
fbem-511	440	2	monetary	monetary	ADJ
fbem-511	440	3	policy	policy	NOUN
fbem-511	440	4	:	:	PUNCT
fbem-511	440	5	measures	measure	NOUN
fbem-511	440	6	:	:	PUNCT
fbem-511	440	7	principles	principle	NOUN
fbem-511	440	8	-	-	PUNCT
fbem-511	440	9	conditions	condition	NOUN
fbem-511	440	10	-	-	PUNCT
fbem-511	440	11	raison	raison	NOUN
fbem-511	440	12	d	d	NOUN
fbem-511	440	13	’	'	PUNCT
fbem-511	440	14	etre	etre	NOUN
fbem-511	440	15	.	.	PUNCT
fbem-511	441	1	international	international	ADJ
fbem-511	441	2	journal	journal	PROPN
fbem-511	441	3	of	of	ADP
fbem-511	441	4	central	central	ADJ
fbem-511	441	5	banking	banking	NOUN
fbem-511	441	6	,	,	PUNCT
fbem-511	441	7	9	9	NUM
fbem-511	441	8	,	,	PUNCT
fbem-511	441	9	229	229	NUM
fbem-511	441	10	-	-	SYM
fbem-511	441	11	250	250	NUM
fbem-511	441	12	.	.	PUNCT
fbem-511	442	1	[	[	X
fbem-511	442	2	59	59	NUM
fbem-511	442	3	]	]	PUNCT
fbem-511	442	4	tyers	tyer	NOUN
fbem-511	442	5	,	,	PUNCT
fbem-511	442	6	r.	r.	PROPN
fbem-511	442	7	(	(	PUNCT
fbem-511	442	8	2016	2016	NUM
fbem-511	442	9	)	)	PUNCT
fbem-511	442	10	.	.	PUNCT
fbem-511	443	1	china	china	PROPN
fbem-511	443	2	and	and	CCONJ
fbem-511	443	3	global	global	ADJ
fbem-511	443	4	macroeconomic	macroeconomic	ADJ
fbem-511	443	5	interdependence	interdependence	NOUN
fbem-511	443	6	.	.	PUNCT
fbem-511	444	1	the	the	DET
fbem-511	444	2	world	world	NOUN
fbem-511	444	3	economy	economy	NOUN
fbem-511	444	4	,	,	PUNCT
fbem-511	444	5	1074	1074	NUM
fbem-511	444	6	-	-	SYM
fbem-511	444	7	1072	1072	NUM
fbem-511	444	8	.	.	PUNCT
fbem-511	445	1	[	[	X
fbem-511	445	2	60	60	NUM
fbem-511	445	3	]	]	SYM
fbem-511	445	4	ugai	ugai	NOUN
fbem-511	445	5	,	,	PUNCT
fbem-511	445	6	h.	h.	PROPN
fbem-511	445	7	(	(	PUNCT
fbem-511	445	8	2007	2007	NUM
fbem-511	445	9	)	)	PUNCT
fbem-511	445	10	.	.	PUNCT
fbem-511	446	1	effects	effect	NOUN
fbem-511	446	2	of	of	ADP
fbem-511	446	3	the	the	DET
fbem-511	446	4	quantitative	quantitative	ADJ
fbem-511	446	5	easing	ease	VERB
fbem-511	446	6	policy	policy	NOUN
fbem-511	446	7	:	:	PUNCT
fbem-511	446	8	a	a	DET
fbem-511	446	9	survey	survey	NOUN
fbem-511	446	10	of	of	ADP
fbem-511	446	11	empirical	empirical	ADJ
fbem-511	446	12	analyses	analysis	NOUN
fbem-511	446	13	.	.	PUNCT
fbem-511	447	1	monetary	monetary	ADJ
fbem-511	447	2	and	and	CCONJ
fbem-511	447	3	economic	economic	ADJ
fbem-511	447	4	studies	study	NOUN
fbem-511	447	5	,	,	PUNCT
fbem-511	447	6	25(1	25(1	NUM
fbem-511	447	7	)	)	PUNCT
fbem-511	447	8	,	,	PUNCT
fbem-511	447	9	1	1	NUM
fbem-511	447	10	-	-	SYM
fbem-511	447	11	48	48	NUM
fbem-511	447	12	.	.	PUNCT
fbem-511	448	1	[	[	X
fbem-511	448	2	61	61	NUM
fbem-511	448	3	]	]	X
fbem-511	448	4	valente	valente	PROPN
fbem-511	448	5	,	,	PUNCT
fbem-511	448	6	g.	g.	PROPN
fbem-511	448	7	(	(	PUNCT
fbem-511	448	8	2009	2009	NUM
fbem-511	448	9	)	)	PUNCT
fbem-511	448	10	.	.	PUNCT
fbem-511	449	1	international	international	ADJ
fbem-511	449	2	interest	interest	NOUN
fbem-511	449	3	rates	rate	NOUN
fbem-511	449	4	and	and	CCONJ
fbem-511	449	5	us	we	PRON
fbem-511	449	6	monetary	monetary	ADJ
fbem-511	449	7	policy	policy	NOUN
fbem-511	449	8	announcements	announcement	NOUN
fbem-511	449	9	:	:	PUNCT
fbem-511	449	10	evidence	evidence	NOUN
fbem-511	449	11	from	from	ADP
fbem-511	449	12	hong	hong	PROPN
fbem-511	449	13	kong	kong	PROPN
fbem-511	449	14	and	and	CCONJ
fbem-511	449	15	singapore	singapore	PROPN
fbem-511	449	16	.	.	PUNCT
fbem-511	450	1	journal	journal	PROPN
fbem-511	450	2	of	of	ADP
fbem-511	450	3	international	international	ADJ
fbem-511	450	4	money	money	NOUN
fbem-511	450	5	and	and	CCONJ
fbem-511	450	6	finance	finance	NOUN
fbem-511	450	7	,	,	PUNCT
fbem-511	450	8	920	920	NUM
fbem-511	450	9	-	-	SYM
fbem-511	450	10	940	940	NUM
fbem-511	450	11	.	.	PUNCT
fbem-511	451	1	[	[	X
fbem-511	451	2	62	62	NUM
fbem-511	451	3	]	]	X
fbem-511	451	4	wongswan	wongswan	PROPN
fbem-511	451	5	,	,	PUNCT
fbem-511	451	6	j.	j.	PROPN
fbem-511	451	7	(	(	PUNCT
fbem-511	451	8	2006	2006	NUM
fbem-511	451	9	)	)	PUNCT
fbem-511	451	10	.	.	PUNCT
fbem-511	452	1	transmission	transmission	NOUN
fbem-511	452	2	of	of	ADP
fbem-511	452	3	information	information	NOUN
fbem-511	452	4	across	across	ADP
fbem-511	452	5	international	international	ADJ
fbem-511	452	6	equity	equity	NOUN
fbem-511	452	7	markets	market	NOUN
fbem-511	452	8	.	.	PUNCT
fbem-511	453	1	review	review	NOUN
fbem-511	453	2	of	of	ADP
fbem-511	453	3	financial	financial	ADJ
fbem-511	453	4	studies	study	NOUN
fbem-511	453	5	,	,	PUNCT
fbem-511	453	6	19(4	19(4	PROPN
fbem-511	453	7	)	)	PUNCT
fbem-511	453	8	,	,	PUNCT
fbem-511	453	9	1157	1157	NUM
fbem-511	453	10	-	-	SYM
fbem-511	453	11	1189	1189	NUM
fbem-511	453	12	.	.	PUNCT
fbem-511	454	1	[	[	X
fbem-511	454	2	63	63	NUM
fbem-511	454	3	]	]	SYM
fbem-511	454	4	wongswan	wongswan	NOUN
fbem-511	454	5	,	,	PUNCT
fbem-511	454	6	j.	j.	PROPN
fbem-511	454	7	(	(	PUNCT
fbem-511	454	8	2009	2009	NUM
fbem-511	454	9	)	)	PUNCT
fbem-511	454	10	.	.	PUNCT
fbem-511	455	1	the	the	DET
fbem-511	455	2	response	response	NOUN
fbem-511	455	3	of	of	ADP
fbem-511	455	4	global	global	ADJ
fbem-511	455	5	equity	equity	NOUN
fbem-511	455	6	indexes	index	NOUN
fbem-511	455	7	to	to	ADP
fbem-511	455	8	us	we	PRON
fbem-511	455	9	monetary	monetary	ADJ
fbem-511	455	10	policy	policy	NOUN
fbem-511	455	11	announcements	announcement	NOUN
fbem-511	455	12	.	.	PUNCT
fbem-511	456	1	journal	journal	NOUN
fbem-511	456	2	of	of	ADP
fbem-511	456	3	international	international	ADJ
fbem-511	456	4	money	money	NOUN
fbem-511	456	5	and	and	CCONJ
fbem-511	456	6	finance	finance	NOUN
fbem-511	456	7	,	,	PUNCT
fbem-511	456	8	28(2	28(2	NUM
fbem-511	456	9	)	)	PUNCT
fbem-511	456	10	,	,	PUNCT
fbem-511	456	11	344	344	NUM
fbem-511	456	12	-	-	SYM
fbem-511	456	13	365	365	NUM
fbem-511	456	14	.	.	PUNCT
fbem-511	457	1	[	[	X
fbem-511	457	2	64	64	NUM
fbem-511	457	3	]	]	X
fbem-511	457	4	wright	wright	PROPN
fbem-511	457	5	,	,	PUNCT
fbem-511	457	6	j.	j.	PROPN
fbem-511	457	7	(	(	PUNCT
fbem-511	457	8	2012	2012	NUM
fbem-511	457	9	)	)	PUNCT
fbem-511	457	10	.	.	PUNCT
fbem-511	458	1	what	what	PRON
fbem-511	458	2	does	do	AUX
fbem-511	458	3	monetary	monetary	ADJ
fbem-511	458	4	policy	policy	NOUN
fbem-511	458	5	do	do	VERB
fbem-511	458	6	to	to	PART
fbem-511	458	7	longterm	longterm	VERB
fbem-511	458	8	interest	interest	NOUN
fbem-511	458	9	rates	rate	NOUN
fbem-511	458	10	at	at	ADP
fbem-511	458	11	the	the	DET
fbem-511	458	12	zero	zero	NUM
fbem-511	458	13	lower	lower	ADV
fbem-511	458	14	bound	bind	VERB
fbem-511	458	15	?	?	PUNCT
fbem-511	459	1	the	the	DET
fbem-511	459	2	economic	economic	ADJ
fbem-511	459	3	journal	journal	NOUN
fbem-511	459	4	,	,	PUNCT
fbem-511	459	5	122(564	122(564	NUM
fbem-511	459	6	)	)	PUNCT
fbem-511	459	7	,	,	PUNCT
fbem-511	459	8	f447	f447	PROPN
fbem-511	459	9	-	-	PUNCT
fbem-511	459	10	f466	f466	PROPN
fbem-511	459	11	.	.	PUNCT
fbem-511	459	12	.	.	PUNCT
fbem-511	460	1	[	[	X
fbem-511	460	2	65	65	NUM
fbem-511	460	3	]	]	X
fbem-511	460	4	yang	yang	PROPN
fbem-511	460	5	,	,	PUNCT
fbem-511	460	6	f.	f.	PROPN
fbem-511	460	7	,	,	PUNCT
fbem-511	460	8	&	&	CCONJ
fbem-511	460	9	teng	teng	PROPN
fbem-511	460	10	,	,	PUNCT
fbem-511	460	11	j.	j.	PROPN
fbem-511	460	12	(	(	PUNCT
fbem-511	460	13	2011	2011	NUM
fbem-511	460	14	)	)	PUNCT
fbem-511	460	15	.	.	PUNCT
fbem-511	461	1	studying	study	VERB
fbem-511	461	2	on	on	ADP
fbem-511	461	3	the	the	DET
fbem-511	461	4	monetary	monetary	ADJ
fbem-511	461	5	transmission	transmission	NOUN
fbem-511	461	6	mechanism	mechanism	NOUN
fbem-511	461	7	in	in	ADP
fbem-511	461	8	china	china	PROPN
fbem-511	461	9	in	in	ADP
fbem-511	461	10	the	the	DET
fbem-511	461	11	presence	presence	NOUN
fbem-511	461	12	of	of	ADP
fbem-511	461	13	structural	structural	ADJ
fbem-511	461	14	changes	change	NOUN
fbem-511	461	15	.	.	PUNCT
fbem-511	462	1	china	china	PROPN
fbem-511	462	2	finance	finance	PROPN
fbem-511	462	3	review	review	PROPN
fbem-511	462	4	international	international	ADJ
fbem-511	462	5	,	,	PUNCT
fbem-511	462	6	1(4	1(4	NUM
fbem-511	462	7	)	)	PUNCT
fbem-511	462	8	,	,	PUNCT
fbem-511	462	9	334	334	NUM
fbem-511	462	10	-	-	SYM
fbem-511	462	11	357	357	NUM
fbem-511	462	12	.	.	PUNCT
