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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Pagan, A. R.
Rannpháirtithe: Catao, Luis, Laxton, Douglas
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2008.
Sraith:IMF Working Papers; Working Paper ; No. 2008/191
Rochtain ar líne:Full text available on IMF