The Policy Interest-Rate Pass-Through in Central America

The Policy Interest-Rate Pass-Through in Central America
Several Central American (CADR) central banks with independent monetary policies have adopted policy interest rates as their main instrument to signal their monetary policy stances, often in the context of adopting or transitioning to inflation targeting regimes. This paper finds that the interest-rate transmission mechanism, or the pass-through... READ MORE...

Publication date: October 2011
ISBN 9781463923228
$18.00

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