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Symposium on the Monetary Transmission Mechanism
Author(s) -
Frederic S. Mishkin
Publication year - 1995
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.9.4.3
Subject(s) - mechanism (biology) , economics , transmission (telecommunications) , perspective (graphical) , monetary transmission mechanism , asset (computer security) , monetary economics , exchange rate , monetary policy , credit channel , inflation targeting , computer science , telecommunications , computer security , philosophy , epistemology , artificial intelligence
Understanding of monetary transmission mechanisms is crucial to answering a broad range of questions. These transmission mechanisms include interest-rate effects, exchange-rate effects, other asset price effects, and the so-called credit channel. This introduction to the symposium provides an overview of the main types of monetary transmission mechanisms found in the literature and a perspective on how the papers in the symposium relate to the overall literature and to each other.

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