Monetary Policy Transmission Mechanism, Financial Frictions in closed and open economy DSGE models
The broad objective of the thesis is to analyze the monetary policy transmission and relative importance of various shocks in business cycles after considering the financial sector structure for both developing and developed countries in three self-contained chapters (Chapter 2-4). The thesis contributes both theoretically and empirically to the literature relating to monetary policy, financial frictions and competition structure, exchange rate pass through...[Show more]
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