Over the years the responsibility of stabilization policy have increasingly been place on the shoulders of central banks. However, for central banks to deliver on this mandate their monetary policy ...

We study the two-way relationship between fixed-rate mortgages (FRMs) and monetary policy in a panel of up to 35 countries over the last two decades. The dataset includes quarterly information on the ...

The Journal of Developing Areas, Vol. 52, No. 2 (Spring 2018), pp. 145-157 (13 pages) The transmission mechanisms of monetary policy through commercial banks captured great attention by academics and ...