How Effective Is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence

Working Paper No. 12/143

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary transmission in such countries. We distinguish between the "facts on the ground" and "methodological deficiencies" interpretations of the absence of... READ MORE...

Publication date: June 2012
ISBN 9781475504064

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Publication date: June 2012


Publication date: June 2012