Unconventional Monetary Policy in a Small Open Economy /

This paper investigates the effects of unconventional monetary policy in a small open economy. Using recently proposed shadow interest rates to capture unconventional monetary policy at the zero lower bound (ZLB) we estimate a Bayesian structural vector autoregressive model for Canada - a useful cas...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: MacDonald, Margaux
Awduron Eraill: Popiel, Micha, Ksawery
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2017.
Cyfres:IMF Working Papers; Working Paper ; No. 2017/268
Mynediad Ar-lein:Full text available on IMF