Monetary Transmission Mechanism in Central and Eastern Europe: Surveying the Surveyable
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
This paper surveys recent advances in empirical studies of the monetary transmission mechanism
(MTM), with special attention to Central and Eastern Europe (CEE). Our results indicate that the strength
of the exchange rate pass-through substantially declined over time mainly due to a fall in inflation rates and
to some extent due to the so-called...
