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Republic of Moldova: Selected Issues

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  • International Monetary Fund

Abstract

The first section of this paper is an attempt to examine the interest rate channel of monetary policy transmission in Moldova and to estimate the strength and the speed of the interest rate pass-through. The next section provides a background on Moldovan financial markets, liquidity conditions, and the current framework of monetary policy. The following section sets out the formal model used to estimate the strength and the speed of the pass-through, and the last session discusses results.

Suggested Citation

  • International Monetary Fund, 2008. "Republic of Moldova: Selected Issues," IMF Staff Country Reports 2008/134, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/134
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=21906
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    References listed on IDEAS

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    1. Elissaveta Zaharieva & Matthew Gorton & John Lingard, 2004. "An evaluation of marketing practices and market orientation in the Bulgarian wine industry," Post-Communist Economies, Taylor & Francis Journals, vol. 16(2), pages 229-243.
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    3. Elisa Giuliani, 2007. "The selective nature of knowledge networks in clusters: evidence from the wine industry," Journal of Economic Geography, Oxford University Press, vol. 7(2), pages 139-168, March.
    4. Robert C. Feenstra & Robert E. Lipsey & Haiyan Deng & Alyson C. Ma & Hengyong Mo, 2005. "World Trade Flows: 1962-2000," NBER Working Papers 11040, National Bureau of Economic Research, Inc.
    5. Burton Abrams & Plamen Yossifov, 2003. "The Importance Of Property Rights For Economic Outcomes: Lessons From The Transfer Of Productive Assets From Collective To Private Ownership In Bulgarian Agriculture," Microeconomics 0302006, University Library of Munich, Germany.
    6. Hanf, Jon Henrich & Schweickert, Erik, 2007. "Changes in the wine chain - Managerial challenges and threats for German wine co-ops," Working Papers 37315, American Association of Wine Economists.
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    Cited by:

    1. Mr. Nikoloz Gigineishvili, 2011. "Determinants of Interest Rate Pass-Through: Do Macroeconomic Conditions and Financial Market Structure Matter?," IMF Working Papers 2011/176, International Monetary Fund.
    2. Jouko Kinnunen & Hans Lofgren & Victor Sulla & Dino Merotto, 2012. "External shocks, fiscal policy and income distribution: Alternative scenarios for Moldova," EcoMod2012 4137, EcoMod.
    3. Mr. Driton Qehaja, 2012. "Fiscal Policy Response to External Crises the Case of Moldova 1998-2010," IMF Working Papers 2012/082, International Monetary Fund.

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