MONETARY POLICY TRANSMISSION MECHANISM IN EMERGING COUNTRIES

MONETARY POLICY TRANSMISSION MECHANISM IN EMERGING COUNTRIES

The transmission channels of monetary policy are used by central banks to accomplish the main objective of price stability in the context of sustainable economic growth. The importance of interest rate and exchange rate channels for the emerging countries Romania, Poland, Czech Republic and Hungary...

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Bibliographic Details
Main Authors: Andreea ROŞOIU, Iulia ROŞOIU
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2013-06-01
Series:Cross-Cultural Management Journal
Subjects:
Monetary policy
Transmission mechanism
Bayesian VAR approach
Emerging countries
Interest rate channel
Exchange rate channel
Online Access: http://seaopenresearch.eu/Journals/articles/CMJ2013_I1_5.pdf

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