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The empirical results add to the literature on monetary policy in Laos with five important findings, which are: i) based on log- levels estimation, we find that money Granger- causes output, which lends support to the proposition that the BoL is likely to be successful in stabilizing the...
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the euro area. First, regarding policy transmission we offer a three-stage procedure to combine the efficient estimation …
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financial crisis. The effect of bubbles on stock and housing markets and their transmission to the domestic real economy and the …
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financial crisis. The effect of bubbles on stock and housing markets and their transmission to the domestic real economy and the …
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