Derivatives Effect on Monetary Policy Transmission /
This paper examines changes in the monetary policy transmission mechanism in the presence of derivatives markets. The effect of adding derivatives markets is analyzed independently for each of the main channels of monetary policy transmission: interest rates, credit, and exchange rates. Theoreticall...
| Κύριος συγγραφέας: | |
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| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Σειρά: | IMF Working Papers; Working Paper ;
No. 1997/121 |
| Διαθέσιμο Online: | Full text available on IMF |