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How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence†

How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence† »

Source: How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence

Volume/Issue: 2012/143

Series: IMF Working Papers

Author(s): Prachi Mishra , and Peter Montiel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504064

Keywords: exchange rate, interest rate, institutions, monetary transmission, aggregate demand, central bank, price level, Effective Is Monetary Transmission, Macroeconomic Analyses of Economic Development,

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary transmission in such...

How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence

How Effective is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence »

Volume/Issue: 2012/143

Series: IMF Working Papers

Author(s): Prachi Mishra , and Peter Montiel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

DOI: http://dx.doi.org/10.5089/9781475504064.001

ISBN: 9781475504064

Keywords: exchange rate, interest rate, institutions, monetary transmission, aggregate demand, central bank, price level, Effective Is Monetary Transmission, Macroeconomic Analyses of Economic Development,

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary transmission in such...

When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth

When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth »

Volume/Issue: 2010/271

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

DOI: http://dx.doi.org/10.5089/9781455210787.001

ISBN: 9781455210787

Keywords: real exchange rate, growth, exchange rate, tradable goods, exchange rate appreciation, real exchange rate appreciation, International Factor Movements: Other, Economic Growth of Open Economies,

We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or capital inflows) appreciate the real...

When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth

When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth »

Source: When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth

Volume/Issue: 2010/271

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455210787

Keywords: real exchange rate, growth, exchange rate, tradable goods, exchange rate appreciation, real exchange rate appreciation, International Factor Movements: Other, Economic Growth of Open Economies,

We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or capital inflows) appreciate the real...