Macroeconomic effects of monetary policy shocks (Record no. 80582)
[ view plain ]
000 -LEADER | |
---|---|
fixed length control field | 01781nam a22002057a 4500 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | ipslib |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 170707t xxu||||| |||| 00| 0 eng d |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | English Language |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Abeygunawardana, Kishan |
9 (RLIN) | 1 |
245 ## - TITLE STATEMENT | |
Title | Macroeconomic effects of monetary policy shocks |
Remainder of title | evidence from Sri Lanka |
520 ## - SUMMARY, ETC. | |
Summary, etc | This study examines the impact of monetary policy shocks on output, prices and interest rates in Sri Lanka during the period 2003–2012. It finds a strong transmission of policy rate shocks onto the money market rates and the government securities market yields. However, banking sector interest rates exhibit a smaller and slower impact compared to money and government securities market rates. The study also finds a weak policy interest rate transmission onto the real sector and prices. The direction of relationships between variables and policy shocks is in conformity with the existing theoretical and empirical priors. The existence of a large informal economy, volatile excess market liquidity, shallowness of financial markets, relatively less flexible interest rates on deposit and loan products, and fiscal accommodation by monetary policy at times are identified as reasons for weak transmission. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Monetary transmission |
9 (RLIN) | 1 |
Topical term or geographic name as entry element | Vector autoregression |
9 (RLIN) | 1 |
Topical term or geographic name as entry element | Monetary policy shocks |
9 (RLIN) | 1 |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Amarasekara, Chandranath |
9 (RLIN) | 1 |
Personal name | Tilakaratne, C.D. |
9 (RLIN) | 1 |
773 ## - HOST ITEM ENTRY | |
Main entry heading | South Asia Economic Journal |
Place, publisher, and date of publication | Los Angeles ; SAGE, March 2017 |
Physical description | 21-38 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | |
Koha item type | Journal Articles |
Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Shelving location | Date acquired | Source of acquisition | Serial Enumeration / chronology | Full call number | Date last seen | Uniform Resource Identifier | Price effective from | Koha item type |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Library | Library | Electronic | 2017-07-07 | ILL from IDRC | Vol 18 No 01 March 2017 | South Asia Economic Journal | 2017-07-07 | ftp://ftp.ips.lk/ebooks/Pamphlets/Finance/MacroeconEffeMonetaryPolicy.pdf | 2017-07-07 | Journal Articles |