Creel, Jérôme; Levasseur, Sandrine - In: Revue économique 57 (2006) 4, pp. 881-898
A structural var model is used to investigate the relative importance of interest rate, exchange rate and credit channels in the monetary policy transmission in the Czech Republic, Hungary and Poland between 1995 and 2004. Main results are as follows. First, responses of industrial production to...