Czech Republic : Selected Issues and Statistical Appendix.
The analysis is structured around the standard taxonomy of transmission channels. A monetary tightening must limit banks' ability to supply loans by reducing bank reserves/bank credit. The direct interest rate channel is the strongest channel of the monetary policy transmission mechanism (MPTM)...
Coauteur: | |
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Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Reeks: | IMF Staff Country Reports; Country Report ;
No. 2004/003 |
Online toegang: | Full text available on IMF |