Carare, Alina; De Resende, Carlos; Levin, Andrew T.; … - 2020
significant differences in the propagation of external shocks between the LICs that target monetary aggregates or inflation …In recent years, many Low-Income Countries (LICs) have implemented substantial reforms to their monetary policy … the role of monetary policy frameworks in the propagation of aggregate shocks, using a large panel dataset of 79 LICs over …