Monetary Policy Transmission and Financial Stability in a LIC : The Case of Bangladesh /

This paper explores how monetary policy affects the real economy and its efficacy in promoting financial stability in a large low income country. This paper shows that monetary policy modestly impacts real economic activity and inflation via the bank lending and financial accelerator channels. Secon...

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Bibliographic Details
Main Author: Rafiq, Sohrab
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/231
Online Access:Full text available on IMF