Coricelli, Fabrizio; Égert, Balázs; MacDonald, Ronald - 2006
,transition,CentralandEasternEurope,credit
channel, interest rate channel, interest-rate pass-through, exchange rate channel, ex-
change rate pass-through, asset price … trade credit). Finally, asset prices, such as the exchange rate,
stock and real estate prices, are also believed to … literature and summa-
rize the empirical ndings for the CEE transition economies for the interest channel, the exchange
rate …