Inflation Targeting and Monetary Policy Transmission Mechanisms in Emerging Market Economies /

In this paper we empirically examine the operation of the traditional Keynesian interest rate channel of the monetary policy transmission mechanism in five potential inflation targeting economies in the MENA region and compare it with fourteen inflation targeting (IT) emerging market economies (EMEs...

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Bibliographic Details
Main Author: Mukherjee, Sanchita
Other Authors: Bhattacharya, Rina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/229
Online Access:Full text available on IMF