Recent Developments in Monetary Policy Analysis for Emerging Countries

This document surveys of the recent developments in the literature of monetary policy analysis for emerging countries. In particular, we describe papers analyzing how the following characteristics impose non-trivial restrictions for policy design in these economies: financial frictions and liability dollarization, the domestic propagation of shocks to international prices (or pass-through), and currency substitution.

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Year of publication:	2008
Authors:	García-Cicco, Javier
Published in:	Ensayos Económicos. - Banco Central de la República Argentina, ISSN 0325-3937. - Vol. 1.2008, 51, p. 123-142
Publisher:	Banco Central de la República Argentina
Subject:	currency substitution \| emerging countries \| monetary policy \| liability dollarization \| pass-through

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Extent:	application/pdf
Type of publication:	Article
Classification:	E40 - Money and Interest Rates. General ; E44 - Financial Markets and the Macroeconomy ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination ; F31 - Foreign Exchange ; F41 - Open Economy Macroeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010551944