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The Channels of Monetary Transmission: Lessons for Monetary Policy / Frederic S. Mishkin.
- Format:
- Book
- Author/Creator:
- Mishkin, Frederic S.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w5464.
- NBER working paper series no. w5464
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- The Channels of Monetary Transmission
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1996.
- Summary:
- This paper provides an overview of the transmission mechanisms of monetary policy, starting with traditional interest rate channels, going on to channels operating through other asset prices, and then on to the so-called credit channels. The paper then discusses the implications from this literature for how central banks might best conduct monetary policy.
- Notes:
- Print version record
- February 1996.
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