Banks and Monetary Shocks in Emerging Markets : How Far Can We Go with the "Credit View"? /

This paper examines the propagation of monetary shocks in a two-good optimizing macromodel where domestic banking activity is costly and the non-tradable sector is highly dependent on domestic bank credit, as in most emerging market economies. The model develops the Bernanke-Blinder 'credit vie...

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Manylion Llyfryddiaeth
Prif Awdur: Catao, Luis
Awduron Eraill: Rodriguez, Sergio
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2000.
Cyfres:IMF Working Papers; Working Paper ; No. 2000/068
Mynediad Ar-lein:Full text available on IMF

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