Morocco's Monetary Policy Transmission in the Wake of the COVID-19 Pandemic /

This paper finds that the neutral interest rate has been on a downward trajectory in Morocco since the global financial crisis and may have fallen in the wake of the pandemic. In that context, monetary policy transmission to output and prices appears relatively muted given limited exchange rate flex...

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Detalhes bibliográficos
Autor principal: Queyranne, Maximilien
Outros Autores: Abdulkarim, Azhin, Baksa, Daniel, Bazinas, Vassili
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2021.
coleção:IMF Working Papers; Working Paper ; No. 2021/249
Assuntos:
Acesso em linha:Full text available on IMF