Banks and Monetary Shocks in Emerging Markets : How Far Can We Go with the "Credit View"? /
This paper examines the propagation of monetary shocks in a two-good optimizing macromodel where domestic banking activity is costly and the non-tradable sector is highly dependent on domestic bank credit, as in most emerging market economies. The model develops the Bernanke-Blinder 'credit vie...
| Hovedforfatter: | |
|---|---|
| Andre forfattere: | |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2000/068 |
| Online adgang: | Full text available on IMF |