๐”– Bobbio Scriptorium
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Real interest rates, credit markets and economic stabilization

โœ Scribed by Paul Jenkins; Carl E. Walsh


Book ID
114130439
Publisher
Elsevier Science
Year
1987
Tongue
English
Weight
714 KB
Volume
9
Category
Article
ISSN
0164-0704

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This paper examines the effects of both anticipated and unanticipated monetary disturbances in a small open economy by taking into consideration adjustments in the banks' portfolio of earning assets. It primarily focuses on the adjustment of credit market interest rates as well as on that of the exc