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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Li, Bin Grace
Tác giả khác: Adam, Christopher, Berg, Andrew, O'Connell, Stephen
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/090
Truy cập trực tuyến:Full text available on IMF