Monetary transmission mechanisms in Belarus

Monetary transmission mechanisms in Belarus /

We explore monetary policy transmission by estimating VAR impulse response functions to illustrate the Belarusian economy's response to unexpected changes in policy and exogenous variables. We find a significant exchange rate pass-through to prices, and interest rate policy following, rather th...

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Main Authors: Horváth, Balázs (Author), Maino, Rodolfo, 1961- (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, 2006
Series:IMF working paper ; WP/06/246.
Subjects:
Monetary policy > Belarus > Mathematical models.
Money supply > Belarus > Mathematical models.
Transmission mechanism (Monetary policy) > Belarus.
Local Note:ProQuest Ebook Central

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