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...

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Detalles Bibliográficos
Autor Principal: Alper, Emre
Outros autores: Morales, R., Yang, Fan
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/120
Acceso en liña:Full text available on IMF

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