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Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia
Author/Editor: Yasser Abdih, Adolfo Barajas, Ralph Chami, Christian Ebeke.
Release Date: April, 2012Price: $18.00
This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using more...
Inflation Targeting and Monetary Policy Transmission Mechanisms in Emerging Market Economies
Author/Editor: Sanchita Mukherjee, Rina Bhattacharya.
Release Date: October, 2011Price: $18.00
In this paper we empirically examine the operation of the traditional Keynesian interest rate channel of the monetary policy transmission mechanism in five potential inflation targeting economies in more...