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01689cas a2200241 a 4500 |
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AALejournalIMF004949 |
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230101c9999 xx r poo 0 0eng d |
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|c 5.00 USD
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|z 9781451831740
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Papua New Guinea :
|b Selected Issues and Statistical Appendix.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2008.
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| 300 |
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|a 1 online resource (100 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper analyzes the workings and effectiveness of the monetary transmission mechanism in Papua New Guinea. The paper is organized as follows: it describes the current institutional structure in Papua New Guinea; interest rate is discussed; the evidence from vector autoregression analysis on the relationship between monetary policy variables and output and prices is considered; finally, implications are included. The Bank of Papua New Guinea (BPNG) uses a reserve money framework to conduct monetary policy operations. A macroeconomic balance approach estimates the REER, which simultaneously achieves internal and external balance.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2008/093
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2008/093/002.2008.issue-093-en.xml
|z IMF e-Library
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