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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Levy, Joaquim
अन्य लेखक: Halikias, Ioannis
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1997.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1997/044
ऑनलाइन पहुंच:Full text available on IMF