상세정보
Export to Refworks부가기능
Lost in transmission? : the effectiveness of monetary policy transmission channels in the GCC countries
상세 프로파일
| 자료유형 | 단행본 |
|---|---|
| 서명/저자사항 | Lost in transmission? : the effectiveness of monetary policy transmission channels in the GCC countries/ prepared by Serhan Cevik and Katerina Teksoz. |
| 개인저자 | Cevik, Serhan,author. Teksoz, Katerina,author, |
| 단체저자명 | International Monetary Fund. Middle East and Central Asia Department. |
| 발행사항 | [Washington, D.C.]: International Monetary Fund, ?012. |
| 형태사항 | 1 online resource (34 pages): color charts. |
| 총서사항 | IMF working paper;WP/12/191 |
| ISBN | 9781475599589 1475599587 |
| 일반주기 |
Title from PDF title page (IMF Web site, viewed Jul. 26, 2012).
"Middle East and Central Asia Department." "July 2012." |
| 서지주기 | Includes bibliographical references (pages 32-34). |
| 요약 | "This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model. The results indicate that the interest rate and bank lending channels are relatively effective in influencing non-hydrocarbon output and consumer prices, while the exchange rate channel does not appear to play an important role as a monetary transmission mechanism because of the pegged exchange rate regimes. The empirical analysis suggests that policy measures and structural reforms - strengthening financial intermediation and facilitating the development of liquid domestic capital markets - would advance the effectiveness of monetary transmission mechanisms in the GCC countries"--Page [1]. |
| 일반주제명 | Transmission mechanism (Monetary policy) --Persian Gulf States --Econometric models. BUSINESS & ECONOMICS --Economics --Macroeconomics. POLITICAL SCIENCE --Economic Conditions. |
| 언어 | 영어 |
| 바로가기 |  |
