The Transmission of Monetary Policy in Israel:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: De Fiore, Fiorella (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1998
Schriftenreihe:IMF Working Papers Working Paper No. 98/114
Links:http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
http://elibrary.imf.org/view/IMF001/07353-9781451943504/07353-9781451943504/07353-9781451943504.xml
Abstract:This paper investigates the transmission of Israeli monetary policy since 1990. Two issues are addressed: the extent to which monetary policy exerts real effects, and the relative importance of different transmission channels. The impact of monetary restraints on aggregate industrial production is found to be small, although industrial sectors open to trade appear to suffer to a larger extent than closed sectors. Three transmission channels are analyzed by comparing the empirical evidence to that predicted by theory. While the credit and exchange rate channels may be important mechanisms of transmission, the interest rate channel finds weak support in the data
Umfang:1 Online-Ressource (45 p)
ISBN:1451943504
9781451943504