The Monetary Transmission Mechanism in the Tropics: A Narrative Approach
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Keywords
WP; exchange rate; Kenya; central bank; rate; Uganda; Monetary Transmission Mechanisms; Low Income Countries; core inflation; nominal exchange rate; policy regime; headline inflation; interest rate transmission mechanism; economic structure; excess reserves; interest rate channel; exchange rate pressure; exchange rate channel; monetary policy response; Exchange rates; Inflation; Short term interest rates; Central bank policy rate; Exchange rate arrangements; Global;
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- Mishra, Prachi & Montiel, Peter, 2013.
"How effective is monetary transmission in low-income countries? A survey of the empirical evidence,"
Economic Systems, Elsevier, vol. 37(2), pages 187-216.