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Selective Credit Controls And The Money Supply Process In Transitional Economies: The Case Of Bulgaria

Author

Listed:
  • Plamen Yossifov

    (Ph.D. Student in Economics, University of Delaware)

Abstract

This 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.

Suggested Citation

  • Plamen Yossifov, 2003. "Selective Credit Controls And The Money Supply Process In Transitional Economies: The Case Of Bulgaria," Macroeconomics 0302006, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:0302006
    Note: Type of Document - PDF; prepared on IBM PC; to print on PostScript; pages: 41 ; figures: included. MASTER'S PAPER
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0302/0302006.pdf
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    Cited by:

    1. Jeta Menkulasi & Lodewyk Erasmus & Jules Leichter, 2009. "Dedollarization in Liberia-Lessons From Cross-Country Experience," IMF Working Papers 2009/037, International Monetary Fund.

    More about this item

    Keywords

    selective credit controls credit ceilings money multiplier;

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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