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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Bibliografske podrobnosti
Glavni avtor: Catao, Luis
Drugi avtorji: Rodriguez, Sergio
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2000.
Serija:IMF Working Papers; Working Paper ; No. 2000/068
Online dostop:Full text available on IMF

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