Conventional empirical models of monetary policy transmission in emerging market economies produce puzzling results: monetary tightening often leads to an increase in prices (the price puzzle) and depreciation...
Type de document: Document de travail de recherche sur les politiques
Numéro du rapport: WPS10974
Date du document: 14 novembre 2024
Mode de publication: Disclosed
Auteur: Jongrim Ha,Dohan Kim,Ayhan Kose,Prasad,Eswar S.