The Anatomy Of Monetary Policy Transmission In An Emerging Market

Download The Anatomy Of Monetary Policy Transmission In An Emerging Market full books in PDF, epub, and Kindle. Read online free The Anatomy Of Monetary Policy Transmission In An Emerging Market ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

The Anatomy of Monetary Policy Transmission in an Emerging Market

The Anatomy of Monetary Policy Transmission in an Emerging Market
Author :
Publisher : International Monetary Fund
Total Pages : 29
Release :
ISBN-10 : 9798400247910
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis The Anatomy of Monetary Policy Transmission in an Emerging Market by : Kodjovi M. Eklou

Download or read book The Anatomy of Monetary Policy Transmission in an Emerging Market written by Kodjovi M. Eklou and published by International Monetary Fund. This book was released on 2023-07-07 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary policy transmission in EMs has been found to be weak historically due to under-developed financial markets and heavy central bank intervention in FX markets that undermine the exchange rate channel. Against this background, this paper investigates the transmission of monetary policy, including the role of external factors, in Malaysia and highlight findings that could be relevant for other EMs. We find an important role for the credit and the exchange rate channels. Further, we also find a complementary role for policy tools including Foreign Exchange Intervention (FXI) and liquidity tools such as Statutory Reserve Requirement in shaping the transmission of monetary policy. We then explore the spillover effects of external global factors including global monetary policy and global commodity prices on monetary policy transmission in a small open economy such as Malaysia. The results show that while global commodity prices do not impair monetary policy transmission, global monetary policy tightening could complement domestic efforts to achieve price stability by inducing a global disinflation. Finally, monetary policy transmission is delayed and weakened in high inflationary environment, with the implication that more aggressive and preemptive policy actions may be needed in such cases.


The Anatomy of Monetary Policy Transmission in an Emerging Market Related Books

Monetary Policy Transmission in Emerging Markets and Developing Economies
Language: en
Pages: 54
Authors: Mr.Luis Brandao-Marques
Categories: Business & Economics
Type: BOOK - Published: 2020-02-21 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT).
The Anatomy of Monetary Policy Transmission in an Emerging Market
Language: en
Pages: 29
Authors: Kodjovi M. Eklou
Categories: Business & Economics
Type: BOOK - Published: 2023-07-07 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Monetary policy transmission in EMs has been found to be weak historically due to under-developed financial markets and heavy central bank intervention in FX ma
An Anatomy of Credit Booms
Language: en
Pages: 52
Authors: Mr.Marco Terrones
Categories: Business & Economics
Type: BOOK - Published: 2008-09-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

We study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic relationship between credit booms and economic e
The ASEAN Way
Language: en
Pages: 311
Authors: Ms.Ana Corbacho
Categories: Business & Economics
Type: BOOK - Published: 2018-10-02 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN5, with particular focus on changes since the Asian f
Financial Crises Explanations, Types, and Implications
Language: en
Pages: 66
Authors: Mr.Stijn Claessens
Categories: Business & Economics
Type: BOOK - Published: 2013-01-30 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma