LEADER 00856nam0-22002771i-450- 001 990000487230403321 005 20100329124356.0 035 $a000048723 035 $aFED01000048723 035 $a(Aleph)000048723FED01 035 $a000048723 100 $a20020821d1976----km-y0itay50------ba 101 0 $aeng 105 $ay-------001yy 200 1 $aGlare and uniformity in road lighting installations$fInternational commission on illumination 210 $aParis$cCIE$d1976 215 $a26 p.$cill.$d30 cm 225 1 $aPublication CIE$v31 (T.C. 4.6) 710 02$aInternational Commission on Illumination$0151581 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990000487230403321 952 $a10 D IV 30$b11548$fDINEL 959 $aDINEL 996 $aGlare and uniformity in road lighting installations$9332861 997 $aUNINA LEADER 05047oam 22013934 450 001 9910972475703321 005 20250426110501.0 010 $a9786613824578 010 $a9781462348787 010 $a1462348785 010 $a9781452768298 010 $a1452768293 010 $a9781283512121 010 $a1283512122 010 $a9781451909593 010 $a1451909594 035 $a(CKB)3360000000443451 035 $a(EBL)3014385 035 $a(SSID)ssj0000942134 035 $a(PQKBManifestationID)11585702 035 $a(PQKBTitleCode)TC0000942134 035 $a(PQKBWorkID)10972098 035 $a(PQKB)11658094 035 $a(OCoLC)698585638 035 $a(IMF)WPIEE2006246 035 $a(MiAaPQ)EBC3014385 035 $a(IMF)WPIEA2006246 035 $aWPIEA2006246 035 $a(EXLCZ)993360000000443451 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMonetary Transmission Mechanisms in Belarus /$fRodolfo Maino, Balázs Horváth 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (24 p.) 225 1 $aIMF Working Papers 300 $a"November 2006". 311 08$a9781451865066 311 08$a1451865066 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. MONETARY POLICY TRANSMISSION MECHANISM""; ""II. CONSTRAINTS, VULNERABILITIES, AND THE ROAD AHEAD""; ""III. STEPS TOWARD ENHANCING MONETARY POLICY EFFECTIVENESS""; ""REFERENCES"" 330 3 $aWe explore monetary policy transmission by estimating VAR impulse response functions to illustrate the Belarusian economy's response to unexpected changes in policy and exogenous variables. We find a significant exchange rate pass-through to prices, and interest rate policy following, rather than leading, financial market developments. Our estimated monetary policy reaction function shows the central bank striking a balance between real exchange rate stability and containing inflation. We discuss dollarization, administrative interventions, and other features complicating monetary policy transmission, review specific constraints and vulnerabilities, and conclude with observations on possible measures that could raise the effectiveness of monetary policy in Belarus. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/246 606 $aMonetary policy$zBelarus$xMathematical models 606 $aMoney supply$zBelarus$xMathematical models 606 $aCredit$2imf 606 $aCurrencies$2imf 606 $aCurrency$2imf 606 $aDeflation$2imf 606 $aDiffusion Processes$2imf 606 $aDollarization$2imf 606 $aDynamic Quantile Regressions$2imf 606 $aDynamic Treatment Effect Models$2imf 606 $aExchange rates$2imf 606 $aForeign Exchange$2imf 606 $aForeign exchange$2imf 606 $aGovernment and the Monetary System$2imf 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aMonetary economics$2imf 606 $aMonetary Policy$2imf 606 $aMonetary policy$2imf 606 $aMonetary Systems$2imf 606 $aMoney and Monetary Policy$2imf 606 $aMoney Multipliers$2imf 606 $aMoney Supply$2imf 606 $aMoney$2imf 606 $aPayment Systems$2imf 606 $aPrice Level$2imf 606 $aPrices$2imf 606 $aReal exchange rates$2imf 606 $aRegimes$2imf 606 $aStandards$2imf 606 $aState Space Models$2imf 606 $aTime-Series Models$2imf 607 $aBelarus, Republic of$2imf 615 0$aMonetary policy$xMathematical models. 615 0$aMoney supply$xMathematical models. 615 7$aCredit 615 7$aCurrencies 615 7$aCurrency 615 7$aDeflation 615 7$aDiffusion Processes 615 7$aDollarization 615 7$aDynamic Quantile Regressions 615 7$aDynamic Treatment Effect Models 615 7$aExchange rates 615 7$aForeign Exchange 615 7$aForeign exchange 615 7$aGovernment and the Monetary System 615 7$aInflation 615 7$aMacroeconomics 615 7$aMonetary economics 615 7$aMonetary Policy 615 7$aMonetary policy 615 7$aMonetary Systems 615 7$aMoney and Monetary Policy 615 7$aMoney Multipliers 615 7$aMoney Supply 615 7$aMoney 615 7$aPayment Systems 615 7$aPrice Level 615 7$aPrices 615 7$aReal exchange rates 615 7$aRegimes 615 7$aStandards 615 7$aState Space Models 615 7$aTime-Series Models 700 $aMaino$b Rodolfo$01623199 701 $aHorváth$b Balázs$01160504 801 0$bDcWaIMF 906 $aBOOK 912 $a9910972475703321 996 $aMonetary Transmission Mechanisms in Belarus$94371732 997 $aUNINA