Monetary Policy in Emerging Markets : Taming the Cycle /

In contrast to advanced markets (AMs), procyclical monetary policy has been a problem for emerging markets (EMs), with macroeconomic policies amplifying economic upswings and deepening downturns. The stark difference in policy has not been subject to extensive study and this paper attempts to addres...

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Bibliographic Details
Main Author: McGettigan, Donal
Other Authors: Moriyama, Kenji, Noah Ndela Ntsama, Jean, Painchaud, Francois
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/096
Online Access:Full text available on IMF