The Monetary Transmission Mechanism in the Tropics : A Narrative Approach /

Many central banks in low-income countries in Sub-Saharan Africa are modernising their monetary policy frameworks. Standard statistical procedures have had limited success in identifying the channels of monetary transmission in such countries. Here we take a narrative approach, following Romer and R...

Full description

Bibliographic Details
Main Author: Berg, Andrew
Other Authors: Charry, Luisa, Portillo, Rafael, Vlcek, Jan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/197
Online Access:Full text available on IMF