Monetary transmission in low-income countries: an overview

Fuente: Organización Internacional del Trabajo (OIT)
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Auteur principal: Peter J. Montiel
Format: Entrada de enciclopedia
Publié: International Labour Organization 2015
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author Peter J. Montiel
author_facet Peter J. Montiel
Peter J. Montiel
contents Monetary transmission in low-income countries: an overview Peter J. Montiel The paper starts with the premise that, throughout the world, monetary policy has come to bear primary responsibility for short-run macroeconomic stabilization. In order to perform this function, however, monetary policy must have the capacity to exert a reliable influence on aggregate demand. This is known as the monetary policy transmission mechanism. Employment working paper, no. 181, ILO publication.encyclopediaEntry
format Entrada de enciclopedia
id ilo_995219483002676
institution Organización Internacional del Trabajo (OIT)
publishDate 2015
publisher International Labour Organization
spellingShingle Monetary transmission in low-income countries: an overview
Peter J. Montiel
Monetary transmission in low-income countries: an overview Peter J. Montiel The paper starts with the premise that, throughout the world, monetary policy has come to bear primary responsibility for short-run macroeconomic stabilization. In order to perform this function, however, monetary policy must have the capacity to exert a reliable influence on aggregate demand. This is known as the monetary policy transmission mechanism. Employment working paper, no. 181, ILO publication.encyclopediaEntry
title Monetary transmission in low-income countries: an overview
url https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Monetary-transmission-in-low-income-countries-an/995219483002676