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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Pagan, A. R.
Muut tekijät: Catao, Luis, Laxton, Douglas
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2008.
Sarja:IMF Working Papers; Working Paper ; No. 2008/191
Linkit:Full text available on IMF