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...
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Diğer Yazarlar: | , |
Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2008.
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Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2008/191 |
Online Erişim: | Full text available on IMF |