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-analysis techniques, we summarise the results for five Latin American countries (Argentina, Brazil, Colombia, Mexico and Peru) that use … without making strong assumptions. Results from another three countries (Canada, Chile and the United States) corroborate the …
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effective in Chile and New Zealand. For Peru and Uruguay, the exchange rate channel is instead more relevant in the transmission … exposed to a significant degree of dollarization, Peru and Uruguay. It is shown that the traditional interest rate channel is … pass through. Finally, it is shown that the on-going de-dollarization process of Peru and Uruguay has somewhat strengthened …
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effective in Chile and New Zealand. For Peru and Uruguay, the exchange rate channel is instead more relevant in the transmission … exposed to a significant degree of dollarization, Peru and Uruguay. It is shown that the traditional interest rate channel is … pass through. Finally, it is shown that the on-going de-dollarization process of Peru and Uruguay has somewhat strengthened …
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