Monetary Policy Transmission in the GCC Countries /
The GCC countries maintain a policy of open capital accounts and a pegged (or nearly-pegged) exchange rate, thereby reducing their freedom to run an independent monetary policy. This paper shows, however, that the pass-through of policy rates to retail rates is on the low side, reflecting the shallo...
| المؤلف الرئيسي: | Prasad, Ananthakrishnan |
|---|---|
| مؤلفون آخرون: | Espinoza, Raphael |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 2012/132 |
| الوصول للمادة أونلاين: | Full text available on IMF |
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