We study the role of regional housing markets in the transmission of US monetary policy. Using a FAVAR model over 1999q …

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to … come away from this review with much confidence in the strength of monetary transmission in such countries. We distinguish … monetary transmission. We suspect that ""facts on the ground"" are an important part of the story. If this conjecture is …

) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat … strong when using non-standard inference methods; (ii) when MTM is present, the precise transmission channels and their …

The effectiveness of the monetary policy transmission mechanism in open economies could be impaired if interest rates …. However, monetary policy transmission mechanism remains effective in the region, as it operates predominantly through s …

This paper lays out a structural model that incorporates key features of monetary transmission in typical emerging … dynamics. We use an SVAR representation of the model to study the monetary transmission in Brazil. We find that interest rate …

This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council … channel does not appear to play an important role as a monetary transmission mechanism because of the pegged exchange rate … transmission mechanisms in the GCC countries. …

Intro -- Contents -- I. INTRODUCTION -- II. CHANNELS OF MONETARY TRANSMISSION -- III. CONDUCT OF MONETARY POLICY IN …

TRANSMISSION: EVIDENCE FROM VAR MODELS -- IV. CHANGES IN MONETARY TRANSMISSION: EVIDENCE FROM STRUCTURAL MODELS -- V. CONCLUSIONS …