Verfügbarkeit: The Transmission of Monetary Policy in Israel

The Transmission of Monetary Policy in Israel:

This paper investigates the transmission of Israeli monetary policy since 1990. Two issues are addressed: the extent to which monetary policy exerts real effects, and the relative importance of different transmission channels. The impact of monetary restraints on aggregate industrial production is f...

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Bibliographische Detailangaben
1. Verfasser:	De Fiore, Fiorella (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1998
Schriftenreihe:	IMF Working Papers Working Paper No. 98/114
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper investigates the transmission of Israeli monetary policy since 1990. Two issues are addressed: the extent to which monetary policy exerts real effects, and the relative importance of different transmission channels. The impact of monetary restraints on aggregate industrial production is found to be small, although industrial sectors open to trade appear to suffer to a larger extent than closed sectors. Three transmission channels are analyzed by comparing the empirical evidence to that predicted by theory. While the credit and exchange rate channels may be important mechanisms of transmission, the interest rate channel finds weak support in the data
Beschreibung:	1 Online-Ressource (45 p)
ISBN:	1451943504 9781451943504

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spelling	De Fiore, Fiorella Verfasser aut The Transmission of Monetary Policy in Israel De Fiore, Fiorella Washington, D.C International Monetary Fund 1998 1 Online-Ressource (45 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/114 This paper investigates the transmission of Israeli monetary policy since 1990. Two issues are addressed: the extent to which monetary policy exerts real effects, and the relative importance of different transmission channels. The impact of monetary restraints on aggregate industrial production is found to be small, although industrial sectors open to trade appear to suffer to a larger extent than closed sectors. Three transmission channels are analyzed by comparing the empirical evidence to that predicted by theory. While the credit and exchange rate channels may be important mechanisms of transmission, the interest rate channel finds weak support in the data Online-Ausg http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	De Fiore, Fiorella The Transmission of Monetary Policy in Israel
title	The Transmission of Monetary Policy in Israel
title_auth	The Transmission of Monetary Policy in Israel
title_exact_search	The Transmission of Monetary Policy in Israel
title_exact_search_txtP	The Transmission of Monetary Policy in Israel
title_full	The Transmission of Monetary Policy in Israel De Fiore, Fiorella
title_fullStr	The Transmission of Monetary Policy in Israel De Fiore, Fiorella
title_full_unstemmed	The Transmission of Monetary Policy in Israel De Fiore, Fiorella
title_short	The Transmission of Monetary Policy in Israel
title_sort	the transmission of monetary policy in israel
url	http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
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