Monetary Transmission : Are Emerging Market and Low Income Countries Different? /

We use two alternative representations of the yield curve to test the functioning of the interest rate transmission mechanism along the yield curve based on government paper in a sample of emerging market and low-income countries. We find a robust link from shortterm policy and interbank rates to lo...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Bulir, Ales
Beste egile batzuk: Vlcek, Jan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/239
Sarrera elektronikoa:Full text available on IMF