Interest rate pass-through in the Dominican Republic
Abstract A well-functioning monetary transmission mechanism is critical for monetary policy. As the Dominican Republic recently adopted an inflation targeting regime, it is even more relevant to guarantee that changes in the monetary policy rates are quickly and fully reflected in retail rates, to e...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Centro de Investigación y Docencia Económicas
2017-04-01
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Series: | Latin American Economic Review |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1007/s40503-017-0041-x |