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This paper analyses implications for inflation, output and the exchange rate in the presence of domestic and external shocks
This series brings together all documents relating to HMT monetary policy remit.
This study investigates whether remittances entail extra risk for macroeconomic policy management
This study uses a panel dataset of 79 LICs over 1990-2015 as well as event study analysis for a group of 28 sub-Saharan African LICs.
How Universal Credit is affected by having money, savings and investments. We call this ‘capital’.
Examines the transmission mechanism from monetary policy instruments.
This study introduces subsistence requirements in food consumption into a model with flexible food and sticky non-food prices
This paper provides new evidence of the effect of monetary policy shocks on income inequality
Develops a model with a banking sector to analyse the impact of the financial crisis on Zambia and the role of the monetary policy response
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