Monetary policy transmission in South Africa: the prime rate-demand for credit phase
A voluminous literature attempts to explain the various channels of the monetary policy transmission mechanism through which central banks ultimately achieve price stability. However, most research focuses on interest rate pass-through and the demand for money phase, while there is limited research...
Main Author: | |
---|---|
Format: | Others |
Language: | English |
Published: |
Rhodes University
2006
|
Subjects: | |
Online Access: | http://hdl.handle.net/10962/d1020850 |