Monetary Policy and Economic Growth in Lebanon
The central bank of Lebanon adopted exchange rate targeting in 1994 and it has exploited several instruments (particularly interest rate) since then to stimulate foreign financial inflows. This study aims at testing the impact of this strategy on economic performance and welfare in both the short- a...
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Format: | Article |
Language: | English |
Published: |
Sciendo
2019-05-01
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Series: | Journal of Central Banking Theory and Practice |
Subjects: | |
Online Access: | https://doi.org/10.2478/jcbtp-2019-0018 |