VAR meets DSGE : Uncovering the Monetary Transmission Mechanism in Low-Income Countries /

VAR methods suggest that the monetary transmission mechanism may be weak and unreliable in low-income countries (LICs). But are structural VARs identified via short-run restrictions capable of detecting a transmission mechanism when one exists, under research conditions typical of these countries? U...

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Bibliografiske detaljer
Hovedforfatter: Li, Bin Grace
Andre forfattere: Adam, Christopher, Berg, Andrew, O'Connell, Stephen
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2016.
Serier:IMF Working Papers; Working Paper ; No. 2016/090
Online adgang:Full text available on IMF