How Effective Is Monetary Transmission in Low-Income Countries? a Survey of the Empirical Evidence

Author/creator Mishra, Prachi Author
Other author Montiel, Peter Author
Format Electronic
Publication InfoWashington : International Monetary Fund
Supplemental ContentFull text available from Ebook Central - Academic Complete

Summary Annotation 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 confidence in the strength of monetary transmission in such countries. We distinguish between the facts on the ground and methodological deficiencies interpretations of the absence of evidence for strong monetary transmission. We suspect that facts on the ground are an important part of the story. If this conjecture is correct, the stabilization challenge in developing countries is acute indeed, and identifying the means of enhancing the effectiveness of monetary policy in such countries is an important challenge.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781475585131
ISBN1475585136 (E-Book) Active Record
Stock number00013468

Availability

Library Location Call Number Status Item Actions
Electronic Resources Access Content Online ✔ Available