The Monetary Transmission Mechanism in Egypt /

This paper examines the monetary transmission mechanism in Egypt against the background of the central bank's intention to shift to inflation targeting. It first describes the changing transmission channels over the last decade. Second, the channels are evaluated in a VAR model. The exchange ra...

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Bibliographic Details
Main Author: Al-Mashat, Rania
Other Authors: Billmeier, Andreas
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/285
Online Access:Full text available on IMF