The Monetary Transmission Mechanism in the Tropics is popular PDF and ePub book, written by Mr.Andrew Berg in 2013-09-20, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Monetary Transmission Mechanism in the Tropics can be Read Online from any device for your convenience.
The Monetary Transmission Mechanism in the Tropics Book PDF Summary
Many central banks in low-income countries in Sub-Saharan Africa are modernising their monetary policy frameworks. Standard statistical procedures have had limited success in identifying the channels of monetary transmission in such countries. Here we take a narrative approach, following Romer and Romer (1989), and center on a significant tightening of monetary policy that took place in 2011 in four members of the East African Community: Kenya, Uganda, Tanzania and Rwanda. We find clear evidence of the transmission mechanism in most of the countries, and argue that deviations can be explained by differences in the policy regime in place.
Detail Book of The Monetary Transmission Mechanism in the Tropics PDF
- Author : Mr.Andrew Berg
- Release : 20 September 2013
- Publisher : International Monetary Fund
- ISBN : 9781484351123
- Genre : Business & Economics
- Total Page : 54 pages
- Language : English
- PDF File Size : 19,8 Mb
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