León, Alejandro Díaz de; Greenham, Laura - In: Economía Mexicana NUEVA ÉPOCA X (2001) 2, pp. 213-258
The purpose of this study is to examine the effectiveness of monetary policy actions in affecting the interest rate … interest rates cannot be attributed solely to monetary policy decisions. This occurs since interest rates respond to various … factors and events. Thus, it is important to decompose the effect of a change in monetary policy in two, a “reaction …