Symposium on the Monetary Transmission Mechanism
- (pp. 3-10)
AbstractUnderstanding of monetary transmission mechanisms is crucial to answering a broad range of questions. These transmission mechanisms include interest-rate effects, exchange-rate effects, other asset price effects, and the so-called credit channel. This introduction to the symposium provides an overview of the main types of monetary transmission mechanisms found in the literature and a perspective on how the papers in the symposium relate to the overall literature and to each other.
Citation1995. "Symposium on the Monetary Transmission Mechanism." Journal of Economic Perspectives, 9(4): 3-10. DOI: 10.1257/jep.9.4.3
- E50 Monetary Policy, Central Banking, and the Supply of Money and Credit: General
- E40 Money and Interest Rates: General