Monetary Policy Transmission in the GCC Countries /

Monetary Policy Transmission in the GCC Countries /

The GCC countries maintain a policy of open capital accounts and a pegged (or nearly-pegged) exchange rate, thereby reducing their freedom to run an independent monetary policy. This paper shows, however, that the pass-through of policy rates to retail rates is on the low side, reflecting the shallo...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक:	Prasad, Ananthakrishnan
अन्य लेखक:	Espinoza, Raphael
स्वरूप:	पत्रिका
भाषा:	English
प्रकाशित:	Washington, D.C. : International Monetary Fund, 2012.
श्रृंखला:	IMF Working Papers; Working Paper ; No. 2012/132
ऑनलाइन पहुंच:	Full text available on IMF

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