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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Levy, Joaquim
Rannpháirtithe: Halikias, Ioannis
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1997.
Sraith:IMF Working Papers; Working Paper ; No. 1997/044
Rochtain ar líne:Full text available on IMF