Aspects of the Monetary Transmission Mechanism Under Exchange Rate Targeting : The Case of France /

This paper examines monetary transmission in France using the vector autoregression methodology. Interest rates are decomposed into external and domestic components, and a nonrecursive contemporaneous structure is used to identify the system. Innovations in the external component are found to have a...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Levy, Joaquim
مؤلفون آخرون: Halikias, Ioannis
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1997.
سلاسل:IMF Working Papers; Working Paper ; No. 1997/044
الوصول للمادة أونلاين:Full text available on IMF