The Effectiveness of Monetary Policy in Small Open Economies : An Empirical Investigation /
This paper examines the relative effectiveness of the use of indirect and direct monetary policy instruments in Barbados, Jamaica and Trinidad and Tobago, by estimating a restricted Vector Autoregressive model with Exogenous Variables (VARX). The study assumes that the central bank conducts monetary...
| Autore principale: | |
|---|---|
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2016.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2016/189 |
| Accesso online: | Full text available on IMF |