Monetary Policy and Gentrification: the Cost Channel

2020 ◽  
Author(s):  
Daniel Murphy
2014 ◽  
Vol 222 ◽  
pp. 51-75
Author(s):  
Hương Trầm Thị Xuân ◽  
Vinh Võ Xuân ◽  
CẢNH NGUYỄN PHÚC

The paper employs the VAR model to examine the impact of monetary policy on the economy through interest rate channel (IRC) and levels of transmission before and after the 2008 crisis. The results indicate that in the period before the financial crisis, IRC exists in accordance with macroeconomic theory; however, the crisis period, in which increases in SBV monetary policy rates lead to increased inflation, has proved the existence of the cost channel of monetary transmission in Vietnam.


2006 ◽  
Vol 53 (2) ◽  
pp. 199-216 ◽  
Author(s):  
Federico Ravenna ◽  
Carl E. Walsh

2009 ◽  
Vol 31 (2) ◽  
pp. 268-289 ◽  
Author(s):  
Steffen Henzel ◽  
Oliver Hülsewig ◽  
Eric Mayer ◽  
Timo Wollmershäuser

2005 ◽  
Vol 43 (1) ◽  
pp. 170-193 ◽  
Author(s):  
Pedro P. Alvarez-Lois

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