Series: IMF Working Papers
Author(s): Andrew Berg , Luisa Charry , Rafael Portillo , and Jan Vlcek
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 20 September 2013
Keywords: Monetary Transmission Mechanisms, monetary policy, inflation, central bank, monetary fund, monetary transmission, Financial Markets and the Macroeconomy, Monetary Policy (Targets, Instruments, and Effects),
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 tr...