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...
Glavni avtor: | |
---|---|
Drugi avtorji: | , |
Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2008.
|
Serija: | IMF Working Papers; Working Paper ;
No. 2008/191 |
Online dostop: | Full text available on IMF |