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...

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Bibliographic Details
Main Author: Garcia-Herrero, Alicia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/124
Online Access:Full text available on IMF