Issues in Finance and Monetary Policy

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Summary

This book consists of a selection of articles concerning current financial and monetary problems facing developed and developing countries

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List of Tables	p. vi
List of Figures	p. vii
Notes on the Contributors	p. viii
List of Abbreviations	p. xii
Introduction	p. 1
Strong Uncertainty and How to Cope with it to Improve Action and Capacity	p. 8
Inflation Targeting: Assessing the Evidence	p. 28
Transparency versus Openness in Monetary Policy	p. 47
The Dynamic Analysis of Monetary Policy Shock on Banking Behaviour	p. 73
Credibility of Interest Rate Policies in Eight European Monetary System Countries: An Application of the Markov Regime-Switching of a Bivariate Autoregressive Model	p. 100
Why Do Firms Hedge? A Review of the Evidence	p. 128
Concentration versus Efficiency and Financial Liberalization in Latin American Banking	p. 153
The Role of Financial Institutions in the Context of Economic Development	p. 171
Index	p. 191
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