Firm-Level Data and Monetary Policy : The Case of a Middle Income Country /

We test the existence of the balance sheet channel of monetary policy in a middle-income country. Firm-level data scarcity and quality, in such a context, make the identification of this channel a steep challenge. To circumvent this challenge, we use panel instrumental variables estimation with meas...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bounader, Lahcen
Weitere Verfasser: Doukali, Mohamed
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2019/239
Online Zugang:Full text available on IMF