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This paper empirically examines the potential asymmetries in the interest rate pass-through in Poland. We investigate …
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versucht. Durch eine Reduktion der fiskalpolitischen Dominanz und härtere Budget-Richtlinien ist Polen seinem Ziel schon …
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Poland show that the credit channel operates. It seems however, that factors through which it affects the aggregate demand …The importance of credit in the monetary transmission mechanism has recently attained a lot of attention due to a … growing understanding that credit market imperfections can have an impact on the monetary policy effectiveness. In this study …
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