Monetary Policy Transmission Mechanisms and the Impact of a Devaluation on the Firm Level
By James Loveday Laghi ; Oswaldo Molina C ; Roddy Nelson Rivas-Llosa Martínez
December 2004
Language: Spanish
Abstract
A theoretical review of the transmission mechanisms of macroeconomic shocks and the various methodologies that have been used in the national and international literature to identify and measure the importance of the balance sheet mechanism.