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...
Հիմնական հեղինակ: | |
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Այլ հեղինակներ: | |
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2012.
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Շարք: | IMF Working Papers; Working Paper ;
No. 2012/132 |
Առցանց հասանելիություն: | Full text available on IMF |