Series: IMF Working Papers
Author(s): Sohrab Rafiq
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 09 November 2015
Keywords: inflation, financial stability, reserve, Monetary Policy (Targets, Instruments, and Effects), Open Economy Macroeconomics,
This paper explores how monetary policy affects the real economy and its efficacy in promoting financial stability in a large low income country. This paper shows that monetary policy modestly impacts real economic...