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...

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Xehetasun bibliografikoak
Egile nagusia: Levy, Joaquim
Beste egile batzuk: Halikias, Ioannis
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1997.
Saila:IMF Working Papers; Working Paper ; No. 1997/044
Sarrera elektronikoa:Full text available on IMF