Monetary Policy Implementation and Volatility Transmission along the Yield Curve : The Case of Kenya /

This paper analyzes the degree to which volatility in interbank interest rates leads to volatility in financial instruments with longer maturities (e.g., T-bills) in Kenya since 2012, year in which the monetary policy framework switched to a forward-looking approach, relative to seven other inflatio...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Alper, Emre
Άλλοι συγγραφείς: Morales, R., Yang, Fan
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2016.
Σειρά:IMF Working Papers; Working Paper ; No. 2016/120
Διαθέσιμο Online:Full text available on IMF