Recent Developments in Monetary Policy Analysis for Emerging Countries

Autor:	Javier García-Cicco
Rok vydání:	2008
Předmět:	currency substitution emerging countries monetary policy liability dollarization pass-through jel:E61 jel:E40 jel:F31 jel:E44 jel:F41
Zdroj:	Ensayos Económicos. 1(51 April):123-142
Popis:	This document surveys of the recent developments in the literature of monetary policy analysis for emerging countries. In particular, we describe papers analyzing how the following characteristics impose non-trivial restrictions for policy design in these economies: financial frictions and liability dollarization, the domestic propagation of shocks to international prices (or pass-through), and currency substitution.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=od_______645::b298b980ba43c09bd1b781ec979bdb59 http://www.bcra.gov.ar/pdfs/investigaciones/51_AnalisisPolMon.pdf Zobrazit plný text záznamu