Download Any Book Banks and Monetary Shocks in Emerging Markets
Banks and Monetary Shocks in Emerging Markets High quality books
Banks and Monetary Shocks in Emerging Markets
By:Mr. Luis Catão,Mr. Sergio L. Rodriguez
Published on 2000-03-01 by International Monetary Fund

This paper examines the propagation of monetary shocks in a two-good optimizing macromodel where domestic banking activity is costly and the non-tradable sector is highly dependent on domestic bank credit, as in most emerging market economies. The model develops the Bernanke-Blinder “credit view” of the monetary transmission mechanism along classical lines, with no Keynesian rigidities being imposed and the only sources of “imperfection” arising from deposit and credit-in-advance constraints. Using numerical simulations, we show that such a relatively simple model goes a long way toward explaining some key “stylized facts” of recent financial crises.
This Book was ranked at 31 by Google Books for keyword Credit channel.
Book ID of Banks and Monetary Shocks in Emerging Markets's Books is XqbiLFgHZ40C, Book which was written byMr. Luis Catão,Mr. Sergio L. Rodriguezhave ETAG "octWrtlRLMs"
Book which was published by International Monetary Fund since 2000-03-01 have ISBNs, ISBN 13 Code is 9781451895506 and ISBN 10 Code is 145189550X
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "37 Pages" is Printed at BOOK under CategoryBusiness and Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is true and in ePub is false

Book Preview

Comments
Post a Comment