Monetary Transmission Mechanism in the East African Community : An Empirical Investigation /

Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat strong when using non-standard inference methods; (ii) when MTM is...

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Autor principal: Davoodi, Hamid
Altres autors: Dixit, S. V. S., Pinter, Gabor
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2013.
Col·lecció:IMF Working Papers; Working Paper ; No. 2013/039
Accés en línia:Full text available on IMF