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Monetary transmission mechanisms in Belarus /
We explore monetary policy transmission by estimating VAR impulse response functions to illustrate the Belarusian economy's response to unexpected changes in policy and exogenous variables. We find a significant exchange rate pass-through to prices, and interest rate policy following, rather th...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2006.
|
| Colección: | IMF working paper ;
WP/06/246. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Horváth, Balázs, |e author. | |
| 245 | 1 | 0 | |a Monetary transmission mechanisms in Belarus / |c prepared by Balázs Horvath and Rodolfo Maino. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2006. | ||
| 300 | |a 1 online resource (22 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
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| 490 | 1 | |a IMF working paper ; |v WP/06/246 | |
| 504 | |a Includes bibliographical references. | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a We explore monetary policy transmission by estimating VAR impulse response functions to illustrate the Belarusian economy's response to unexpected changes in policy and exogenous variables. We find a significant exchange rate pass-through to prices, and interest rate policy following, rather than leading, financial market developments. Our estimated monetary policy reaction function shows the central bank striking a balance between real exchange rate stability and containing inflation. We discuss dollarization, administrative interventions, and other features complicating monetary policy transmission, review specific constraints and vulnerabilities, and conclude with observations on possible measures that could raise the effectiveness of monetary policy in Belarus. | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a Contents -- I. MONETARY POLICY TRANSMISSION MECHANISM -- II. CONSTRAINTS, VULNERABILITIES, AND THE ROAD AHEAD -- III. STEPS TOWARD ENHANCING MONETARY POLICY EFFECTIVENESS -- REFERENCES | |
| 546 | |a English. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Monetary policy |z Belarus |x Mathematical models. | |
| 650 | 0 | |a Money supply |z Belarus |x Mathematical models. | |
| 650 | 0 | |a Transmission mechanism (Monetary policy) |z Belarus. | |
| 650 | 6 | |a Mécanismes de transmission (Politique monétaire) |z Biélorussie. | |
| 650 | 6 | |a Politique monétaire |z Biélorussie |x Modèles mathématiques. | |
| 650 | 7 | |a Transmission mechanism (Monetary policy) |2 fast | |
| 650 | 7 | |a Monetary policy |x Mathematical models |2 fast | |
| 650 | 7 | |a Money supply |x Mathematical models |2 fast | |
| 651 | 7 | |a Belarus |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJtH4qq4rVpMrjM6KWTfv3 | |
| 700 | 1 | |a Maino, Rodolfo, |d 1961- |e author. |1 https://id.oclc.org/worldcat/entity/E39PCjKh848kJrCPD97H9g3MCP | |
| 758 | |i has work: |a Monetary transmission mechanisms in Belarus (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFYRRtKVJc9FvXjMB89Xr3 |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Horváth, Balázs. |t Monetary transmission mechanisms in Belarus. |d Washington, D.C. : International Monetary Fund, Monetary and Financial Systems Dept., ©2006 |w (OCoLC)123997933 |
| 830 | 0 | |a IMF working paper ; |v WP/06/246. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014385 |z Texto completo |
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