Monetary transmission mechanism in the East African Community: an empirical investigation
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.]
International Monetary Fund
[2013]
|
| Series: | IMF working paper
WP/13/39 |
| Subjects: | |
| Online Access: | Volltext |
| Item Description: | Title from PDF title page (IMF Web site, viewed Feb. 12, 2013). - "African Department.". - "February 2013." "Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat strong when using non-standard inference methods; (ii) when MTM is present, the precise transmission channels and their importance differ across countries; and (iii) reserve money and the policy rate, two frequently used instruments of monetary policy, sometimes move in directions that exert offsetting expansionary and contractionary effects on inflation - posing challenges to harmonization of monetary policies across the EAC and transition to a future East African Monetary Union"--Abstract Includes bibliographical references (p. 43-47) |
| Physical Description: | 1 Online-Ressource (59 p.) |
| ISBN: | 9781475590852 1475590857 1475553498 9781475553499 |
Staff View
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| 500 | |a Includes bibliographical references (p. 43-47) | ||
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| id | DE-604.BV042970102 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:14:05Z |
| institution | BVB |
| isbn | 9781475590852 1475590857 1475553498 9781475553499 |
| language | English |
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| spelling | Davoodi, Hamid Reza Verfasser aut Monetary transmission mechanism in the East African Community an empirical investigation Hamid R. Davoodi, Shiv Dixit, Gabor Pinter [Washington, D.C.] International Monetary Fund [2013] 1 Online-Ressource (59 p.) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/13/39 Title from PDF title page (IMF Web site, viewed Feb. 12, 2013). - "African Department.". - "February 2013." "Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat strong when using non-standard inference methods; (ii) when MTM is present, the precise transmission channels and their importance differ across countries; and (iii) reserve money and the policy rate, two frequently used instruments of monetary policy, sometimes move in directions that exert offsetting expansionary and contractionary effects on inflation - posing challenges to harmonization of monetary policies across the EAC and transition to a future East African Monetary Union"--Abstract Includes bibliographical references (p. 43-47) East African Community fast East African Community BUSINESS & ECONOMICS / Money & Monetary Policy bisacsh Monetary policy fast Transmission mechanism (Monetary policy) fast Wirtschaft Transmission mechanism (Monetary policy) Africa, East Monetary policy Africa, East Dixit, S. V. S. Sonstige oth Pintér, Gábor Sonstige oth International Monetary Fund African Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=548057 Aggregator Volltext |
| spellingShingle | Davoodi, Hamid Reza Monetary transmission mechanism in the East African Community an empirical investigation East African Community fast East African Community BUSINESS & ECONOMICS / Money & Monetary Policy bisacsh Monetary policy fast Transmission mechanism (Monetary policy) fast Wirtschaft Transmission mechanism (Monetary policy) Africa, East Monetary policy Africa, East |
| title | Monetary transmission mechanism in the East African Community an empirical investigation |
| title_auth | Monetary transmission mechanism in the East African Community an empirical investigation |
| title_exact_search | Monetary transmission mechanism in the East African Community an empirical investigation |
| title_full | Monetary transmission mechanism in the East African Community an empirical investigation Hamid R. Davoodi, Shiv Dixit, Gabor Pinter |
| title_fullStr | Monetary transmission mechanism in the East African Community an empirical investigation Hamid R. Davoodi, Shiv Dixit, Gabor Pinter |
| title_full_unstemmed | Monetary transmission mechanism in the East African Community an empirical investigation Hamid R. Davoodi, Shiv Dixit, Gabor Pinter |
| title_short | Monetary transmission mechanism in the East African Community |
| title_sort | monetary transmission mechanism in the east african community an empirical investigation |
| title_sub | an empirical investigation |
| topic | East African Community fast East African Community BUSINESS & ECONOMICS / Money & Monetary Policy bisacsh Monetary policy fast Transmission mechanism (Monetary policy) fast Wirtschaft Transmission mechanism (Monetary policy) Africa, East Monetary policy Africa, East |
| topic_facet | East African Community BUSINESS & ECONOMICS / Money & Monetary Policy Monetary policy Transmission mechanism (Monetary policy) Wirtschaft Transmission mechanism (Monetary policy) Africa, East Monetary policy Africa, East |
| url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=548057 |
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