MONETARY TRANSMISSION CHANNELS IN FLEXIBLE MONETARY AND EXCHANGE RATE REGIMES: THE CASE OF SELECTED TRANSITION ECONOMIES
The paper explores selected monetary transmission channels in the case of transition economies. Namely, an exchange rate channel, an interest rate channel, direct and indirect influence to an exchange rate, are focused. Specific (former) transition economies are differentiated according the combinat...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Social Sciences Research Society
2010-01-01
|
Series: | International Journal of Economics and Finance Studies |
Online Access: | http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/2010_1/12kosta_josifidis.pdf |