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...
| 主要作者: | |
|---|---|
| 其他作者: | |
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1997.
|
| 丛编: | IMF Working Papers; Working Paper ;
No. 1997/044 |
| 在线阅读: | Full text available on IMF |