Resolving Puzzles of Monetary Policy Transmission in Emerging Markets
世界银行·2024-11-19 23:03
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10974 Resolving Puzzles of Monetary Policy Transmission in Emerging Markets Jongrim Ha Dohan Kim M. Ayhan Kose Eswar S. Prasad Public Disclosure Authorized Development Economics Prospects Group November 2024 Policy Research Working Paper 10974 Abstract Conventional empirical models of monetary policy transmission in emerging market economies produce puzzling results: monetary tightening often ...