The monetary transmission mechanism in Jordan /

This paper examines monetary transmission in Jordan using the vector autoregressive approach. We find that the real 3-month CD rate, the Central Bank's operating target, affects bank retail rates and that monetary policy, measured by the spread between the 3-month CD rate and the U.S. Federal F...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Poddar, Tushar (Autor), Sab, Randa (Autor), Khachatryan, Hasmik (Autor)
Autor Corporativo: International Monetary Fund. Middle East and Central Asia Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Middle East and Central Asia Dept., 2006.
Colección:IMF working paper ; WP/06/48.
Temas:
Monetary policy > Jordan.
Politique monétaire > Jordanie.
Economic history
Monetary policy
Jordan > Economic conditions.
Jordan
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. CHANNELS OF MONETARY TRANSMISSION
  • III. CONDUCT OF MONETARY POLICY IN JORDAN
  • IV. EVIDENCE FROM VARS
  • V. CONCLUSIONS AND POLICY IMPLICATIONS
  • IMPULSE RESPONSES
  • GRANGER CAUSALITY TESTS SUMMARY
  • REFERENCES

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