Monetary Transmission in an Emerging Targeter : The Case of Brazil /

This paper lays out a structural model that incorporates key features of monetary transmission in typical emerging-market economies, including a bank-credit channel and the role of external debt accumulation on country risk premia and exchange rate dynamics. We use an SVAR representation of the mode...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Pagan, A. R.
Awduron Eraill: Catao, Luis, Laxton, Douglas
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:IMF Working Papers; Working Paper ; No. 2008/191
Mynediad Ar-lein:Full text available on IMF