European Parliament Library

Republic of Moldova :, Selected Issues

The first section of this paper is an attempt to examine the interest rate channel of monetary policy transmission in Moldova and to estimate the strength and the speed of the interest rate pass-through. The next section provides a background on Moldovan financial markets, liquidity conditions, and the current framework of monetary policy. The following section sets out the formal model used to estimate the strength and the speed of the pass-through, and the last session discusses results
Table Of Contents
Cover; Contents; I. In Search of Monetary Transmission in Moldova; A. Introduction; B. Interest Rate Channel of Transmission; C. Moldova's Financial Markets; Figures; 1.1 Return on Assets and Capital Adequacy Ration; 1.2 Interest Rates; D. Model and Data; 1.3 Banking Sector Liquidity in Europe; 1.4 Dynamics of Interest Rates, Inflation and Exchange Rate; E. Estimation Results; Tables; 1.1 Pass-Through Coefficient Estimates; 1.5 Real Interest Rates; 1.6 Pass-Through in Selected European Countries; F. Conclusions; References
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (81 p.)
Specific Material Designation
Form Of Item

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