A Macro Model of the Credit Channel in a Currency Union Member : The Case of Benin /

A Macro Model of the Credit Channel in a Currency Union Member : The Case of Benin /

This paper applies and extends a theoretical model built by Agenor and Montiel (2007) by exploring the effectiveness of government bonds and monetary policy in a small, open, credit-based economy with a fixed exchange rate. The model is applied to Benin, a member of a currency union, using a general...

Bibliografske podrobnosti
Glavni avtor:	Samake, Issouf
Format:	Revija
Jezik:	English
Izdano:	Washington, D.C. : International Monetary Fund, 2010.
Serija:	IMF Working Papers; Working Paper ; No. 2010/191
Online dostop:	Full text available on IMF

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