A VAR analysis of Kenya's monetary policy transmission mechanism : how does the central bank's REPO rate affect the economy? /
This paper examines the impact of a monetary policy shock on output, prices, and the nominal effective exchange rate for Kenya using data during 1997-2005. Based on techniques commonly used in the vector autoregression literature, the main results suggest that an exogenous increase in the short-term...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
2006.
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Colección: | IMF working paper ;
WP/06/300. |
Temas: | |
Acceso en línea: | Texto completo |