Best Seller The Transmission of Monetary Policy in Israel

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The Transmission of Monetary Policy in Israel High quality books

The Transmission of Monetary Policy in Israel
By:Fiorella De Fiore
Published on 1998-08-01 by International Monetary Fund

This paper investigates the transmission of Israeli monetary policy since 1990. Two issues are addressed: the extent to which monetary policy exerts real effects, and the relative importance of different transmission channels. The impact of monetary restraints on aggregate industrial production is found to be small, although industrial sectors open to trade appear to suffer to a larger extent than closed sectors. Three transmission channels are analyzed by comparing the empirical evidence to that predicted by theory. While the credit and exchange rate channels may be important mechanisms of transmission, the interest rate channel finds weak support in the data.

This Book was ranked at 5 by Google Books for keyword Credit theory of money.

Book ID of The Transmission of Monetary Policy in Israel's Books is tbx87_KU-Q4C, Book which was written byFiorella De Fiorehave ETAG "hxRTeaXP3Vo"

Book which was published by International Monetary Fund since 1998-08-01 have ISBNs, ISBN 13 Code is 9781451899160 and ISBN 10 Code is 1451899165

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Book which have "45 Pages" is Printed at BOOK under CategoryBusiness and Economics

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