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.
CitationMishkin, Frederic S. 1995. "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