“…In contrast, Fratzscher, Duca, and Straub (2016) conclude 7. Some papers also look at the spillovers to exchange rates or foreign equities, such as Kim and Nguyen (2009), Wongswan (2006), Wongswan (2009), Ammer, Vega, andWongswan (2010), andBrusa, Savor, andWilson (2020).…”