Selective Credit Controls And The Money Supply Process In Transitional Economies: The Case Of Bulgaria
AbstractThis paper develops an unified framework for analyzing the influence of both direct and indirect instruments of monetary control on the money supply process. The resulting formal model is then applied in the empirical evaluation of the effectiveness of credit ceilings in limiting the growth of domestic monetary aggregates in Bulgaria.
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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 0302006.
Length: 41 pages
Date of creation: 27 Feb 2003
Date of revision:
Note: Type of Document - PDF; prepared on IBM PC; to print on PostScript; pages: 41 ; figures: included. MASTER'S PAPER
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selective credit controls credit ceilings money multiplier;
Find related papers by JEL classification:
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-03-03 (All new papers)
- NEP-CBA-2003-03-03 (Central Banking)
- NEP-FIN-2003-03-03 (Finance)
- NEP-MAC-2003-03-03 (Macroeconomics)
- NEP-RMG-2003-03-03 (Risk Management)
- NEP-TRA-2003-03-03 (Transition Economics)
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