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1

Eckermann, Henning. Bankkreditmärkte und Transmission monetärer Impulse: Erklärungsansätze, informationstheoretische Fundierung und empirische Evidenz. S + W Steuer- und Wirtschaftsverlag, 1995.

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2

Hastedt, Rainer. Selektive Wirkungen antiinflationärer Geldpolitik: Ein Beitrag zur Diskussion über die Transmission monetärer Impulse in Makromodellen mit Kreditrationierung. Kovač, 1991.

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3

Bundesbank, Deutsche, ed. The Monetary Transmission Process. Palgrave Macmillan UK, 2001. http://dx.doi.org/10.1057/9780230595996.

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4

Benhabib, Jess. The monetary transmission mechanism. Centre for Economic Policy Research, 1996.

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5

Benhabib, Jess. The monetary transmission mechanism. European University Institute, 1999.

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6

Benhabib, Jess. The monetary transmission mechanism. Centre for Economic Policy Research, 1996.

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7

Benhabib, Jess. The monetary transmission mechanism. European University Institute, 1999.

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8

Jayaraman, T. K. Monetary policy transmission in Tonga. The University of the South Pacific, School of Economics, 2010.

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9

Clausen, Volker. Asymmetric Monetary Transmission in Europe. Springer Berlin Heidelberg, 2001. http://dx.doi.org/10.1007/978-3-642-59565-3.

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10

Horváth, Balázs. Monetary transmission mechanisms in Belarus. International Monetary Fund, Monetary and Financial Systems Dept., 2006.

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11

Lavan, Mahadeva, and Sinclair P. J. N, eds. Monetary transmission in diverse economies. Cambridge University Press, 2002.

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12

Mishkin, Frederic S. The channels of monetary transmission: Lessons for monetary policy. National Bureau of Economic Research, 1996.

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13

1947-, Fiorito Riccardo, ed. Inventory, business cycles, and monetary transmission. Springer-Verlag, 1994.

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14

Barth, Marvin Jenkins. The cost channel of monetary transmission. National Bureau of Economic Research, 2000.

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15

Roldós, Jorge E. Disintermediation and monetary transmission in Canada. International Monetary Fund, Western Hemisphere Dept., 2006.

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16

Fiorito, Riccardo, ed. Inventory, Business Cycles and Monetary Transmission. Springer Berlin Heidelberg, 1994. http://dx.doi.org/10.1007/978-3-642-46806-3.

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17

Poddar, Tushar. The monetary transmission mechanism in Jordan. International Monetary Fund, Middle East and Central Asia Dept., 2006.

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18

Kozicki, Sharon. Term structure transmission of monetary policy. Research Division, Federal Reserve Bank of Kansas City, 2005.

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19

Treasury, Great Britain, ed. EMU and the monetary transmission mechanism. TSO [for HM Treasury], 2003.

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20

Treasury, HM. EMU and the monetary transmission mechanism. HMSO, 1993.

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21

Siegfried, Nikolaus A. Empirics of monetary transmission in Euroland. Zeitungsverlag Anhalt, 2003.

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22

Fund, International Monetary, ed. Derivatives effect on monetary policy transmission. International Monetary Fund, 1997.

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23

Mishkin, Frederic S. Housing and the monetary transmission mechanism. National Bureau of Economic Research, 2007.

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24

1953-, Angeloni Ignazio, Kashyap A. K, Mojon Benoit, and Eurosystem Monetary Transmission Network, eds. Monetary policy transmission in the Euro area: A study by the Eurosystem Monetary Transmission Network. Cambridge University Press, 2003.

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25

Fountas, Stilianos. The monetary transmission mechanism: Evidence and implications for European Monetary Union. [Department of Economics, National University of Ireland, Galway], 1999.

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26

Miron, Jeffrey A. Historical perspectives on the monetary transmission mechanism. National Bureau of Economic Research, 1993.

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27

Smal, M. M. The monetary transmission mechanism in South Africa. South African Reserve Bank, 2001.

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28

Christiano, Lawrence J. Liquidity effects and the monetary transmission mechanism. National Bureau of Economic Research, 1992.

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29

Ahmed, Noor. Transmission mechanism of monetary policy in Pakistan. State Bank of Pakistan, 2005.

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30

Perry, Warjiyo, and Agung Juda, eds. Transmission mechanisms of monetary policy in Indonesia. Bank Indonesia, 2002.

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31

Canada, Bank of. The transmission of monetary policy in Canada. Bank of Canada, 1996.

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32

Fund, International Monetary, ed. The transmission of monetary policy in Israel. International Monetary Fund, 1998.

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33

David, Sali. Monetary policy transmission mechanisms in Papua New Guinea. Bank of Papua New Guinea, 2006.

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34

Mazzoli, Marco. Market concentration and transmission mechanism of monetary policy. typescript, 1990.

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35

Margaritis, Dimitri. International transmission effects on New Zealand monetary policy. Research Section, Economic Dept., Reserve Bank of New Zealand, 1991.

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36

Cetorelli, Nicola. Banking globalization, monetary transmission, and the lending channel. National Bureau of Economic Research, 2008.

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37

Suardi, Massimo. EMU and asymmetries in the monetary policy transmission. European Commission, Directorate-General for Economic and Financial Affairs, 2001.

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38

Li, Bin Grace, Christopher Adam, Andrew Berg, Peter Montiel, and Stephen O’Connell. Identifying the Monetary Transmission Mechanism in Sub-Saharan Africa. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198785811.003.0006.

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VAR methods suggest that the monetary transmission mechanism may be weak and unreliable in low-income countries. But are structural VARs identified via short-run restrictions capable of detecting a transmission mechanism where one exists, under research conditions typical of these countries? Using small DSGEs as data-generating processes, the chapter assesses the impact on VAR-based inference of short data samples, measurement error, high-frequency supply shocks, and other features of the LIC environment. The impact of these features on finite-sample bias appears to be relatively modest when i
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39

Saborowski, Christian, and Sebastian Weber. Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions. International Monetary Fund, 2013.

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40

Saborowski, Christian, and Sebastian Weber. Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions. International Monetary Fund, 2013.

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41

Saborowski, Christian, and Sebastian Weber. Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions. International Monetary Fund, 2013.

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42

Vlcek, Jan, and Ales Bulir. Monetary Transmission. International Monetary Fund, 2015.

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43

Vlcek, Jan, and Ales Bulir. Monetary Transmission. International Monetary Fund, 2015.

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44

M, Bacq Z. Chemical Transmission of Nerve Impulses: A Historical Sketch. Elsevier Science & Technology Books, 2013.

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45

Berg, Andrew, Jan Vlcek, Luisa Charry, and Rafael A. Portillo. The Monetary Transmission Mechanism. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198785811.003.0005.

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Many central banks in low-income countries in sub-Saharan Africa are modernizing their monetary policy frameworks. Standard statistical procedures have had limited success in identifying the channels of monetary policy transmission in such countries. This chapter takes a case study approach and examines a significant tightening of monetary policy that took place in 2011 in four members of the East African Community: Kenya, Uganda, Tanzania, and Rwanda. The authors find evidence of the transmission mechanism in most of the countries. After a large policy-induced rise in the short-term interest
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46

Mahadeva, Lavan, and Peter Sinclair. Monetary Transmission in Diverse Economies. Cambridge University Press, 2005.

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47

Khachatryan, Hasmik, Randa Sab, and Tushar Poddar. Monetary Transmission Mechanism in Jordan. International Monetary Fund, 2006.

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48

Al-Mashat, Rania A., and Andreas Billmeier. Monetary Transmission Mechanism in Egypt. International Monetary Fund, 2007.

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49

Maino, Rodolfo, and Balzs Horvth. Monetary Transmission Mechanisms in Belarus. International Monetary Fund, 2006.

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50

Mahadeva, Lavan, and Peter Sinclair, eds. Monetary Transmission in Diverse Economies. Cambridge University Press, 2002. http://dx.doi.org/10.1017/cbo9780511492488.

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