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How effective is monetary transmission in low-income countries? : a survey of the empirical evidence /

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 countries. We distinguish between the "facts on the ground" and "method...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Mishra, Prachi, 1975- (Autor), Montiel, Peter J., 1951- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Ã2012.
Colección:IMF working paper ; WP/12/143.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Mishra, Prachi,  |d 1975-  |e author. 
245 1 0 |a How effective is monetary transmission in low-income countries? :  |b a survey of the empirical evidence /  |c prepared by Prachi Mishra and Peter Montiel. 
246 1 |i At head of title:  |a Research Department 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c Ã2012. 
300 |a 1 online resource (47 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/12/143 
500 |a Title from PDF title page (IMF Web site, viewed Jun. 6, 2012). 
520 |a 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 countries. We distinguish between the "facts on the ground" and "methodological deficiencies" interpretations of the absence of evidence for strong monetary transmission. We suspect that "facts on the ground" are an important part of the story. If this conjecture is correct, the stabilization challenge in developing countries is acute indeed, and identifying the means of enhancing the effectiveness of monetary policy in such countries is an important challenge. 
504 |a Includes bibliographical references (pages 30-34). 
500 |a "June 2012." 
505 0 |a Cover; Contents; I. Introduction; II. Monetary transmission and the bank lending channel in developing countries; III. Empirical Methedology; IV. Sub-Saharan Africa; V. Transition economies in central and Eastern Europe (CEE); VI. Transition economies in central Asia (CEE); VII. The Middle East and North Africa (MENA); VIII. Asia-Pacific; IX. Latin America and the Caribbean; X. Summary and conclusions; Appendix: Institutional Quality, Bank Competition, and the Effectiveness of the Bank lending Channel; References; Tables; Table 1. Financial Environment Across Countries, Sub-Saharan Africa. 
505 8 |a Table 2. Monetary Transmission in Sub-Saharan AfricaTable 3. Financial Environment Across Countries, Central and Eastern Europe; Table 4. Monetary Transmission in Central and Eastern Europe; Table 5. Financial Environment Across Countries, Central Asia; Table 6. Monetary Transmission in Central Asia; Table 7. Financial Environment Across Countries, Middle East and North Africa; Table 8. Monetary Transmission in the Middle East and North Africa; Table 9. Financial Environment Across Countries, Asia and Pacific; Table 10. Monetary Transmission in Asia and the Pacific. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Transmission mechanism (Monetary policy)  |z Developing countries  |x Econometric models. 
651 7 |a Developing countries  |2 fast 
700 1 |a Montiel, Peter J.,  |d 1951-  |e author. 
710 2 |a International Monetary Fund,  |e issuing body. 
758 |i has work:  |a How effective is monetary transmission in low-income countries? (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGxjYk4rcwXqHyBwtbchpd  |4 https://id.oclc.org/worldcat/ontology/hasWork 
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