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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Levy, Joaquim
מחברים אחרים: Halikias, Ioannis
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1997.
סדרה:IMF Working Papers; Working Paper ; No. 1997/044
גישה מקוונת:Full text available on IMF