Monetary Transmission Mechanism in the East African Community: An Empirical Investigation

WP/13/39

Nopic
Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat strong when using non-standard inference methods; (ii) when MTM is present, the precise transmission channels and... READ MORE...

Publication date: February 2013
ISBN 9781475530575
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: February 2013

English