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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bulir, Ales
Rannpháirtithe: Vlcek, Jan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/239
Rochtain ar líne:Full text available on IMF