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Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 2010-10-01 - Publisher: International Monetary Fund
This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs rela
Language: en
Pages: 91
Pages: 91
Type: BOOK - Published: 2012-06-01 - Publisher: International Monetary Fund
This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confid
Language: en
Pages: 45
Pages: 45
Type: BOOK - Published: 2016-04-11 - Publisher: International Monetary Fund
VAR methods suggest that the monetary transmission mechanism may be weak and unreliable in low-income countries (LICs). But are structural VARs identified via s
Language: en
Pages:
Pages:
Type: BOOK - Published: 2015 - Publisher:
This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confid
Language: en
Pages: 37
Pages: 37
Type: BOOK - Published: 2015-11-20 - Publisher: International Monetary Fund
We use two alternative representations of the yield curve to test the functioning of the interest rate transmission mechanism along the yield curve based on gov
