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...

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Detalhes bibliográficos
Autor principal: MacDonald, Margaux
Outros Autores: Popiel, Micha, Ksawery
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
coleção:IMF Working Papers; Working Paper ; No. 2017/268
Acesso em linha:Full text available on IMF