Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy /
The experiences of seven countries that have undergone banking crises show that crises have significant implications for the short-run stability of the demand for money, the money multiplier, the transmission mechanism, and the signal variables of monetary policy. Monetary and credit instability, co...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1997.
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Series: | IMF Working Papers; Working Paper ;
No. 1997/124 |
Online Access: | Full text available on IMF |