Measuring and Mending Monetary Policy Effectiveness Under Capital Account Restrictions : Lessons from Mauritania /

I propose a new approach to identifying exogenous monetary policy shocks in low-income countries with capital account restrictions. In the case of Mauritania, a domestic repatriation requirement is the key institutional characteristic that allows me to establish exogeneity. Unlike in advanced countr...

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Dettagli Bibliografici
Autore principale: Blotevogel, Robert
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/077
Accesso online:Full text available on IMF