Monetary Policy Transmission Mechanisms in Pacific Island Countries
Monetary Policy Transmission Mechanisms in Pacific Island Countries
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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During the global financial crisis, central banks in Pacific island countries eased monetary policy to stimulate economic activity. Judging by the ensuing movements in commercial bank interest rates and private sector credit, monetary policy transmission appears to be weak. This is confirmed by an empirical examination of interest rate pass-through...
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Monetary Policy Transmission Mechanisms in Pacific Island Countries
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TN_cdi_proquest_journals_1698602243
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698602243
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https://www.proquest.com/docview/1698602243?pq-origsite=primo&accountid=13902
