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Keywords: Financial stability
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Journal Articles
International Journal of Development Issues (2022) 21 (2): 195–217.
Published: 25 January 2022
...Zhandos Ybrayev Purpose This study aims to determine whether the transmission of monetary policy to the real economy depends on the structural conditions of financial stability. In particular, the paper shows that the effects of shocks to financial stability on output and inflation is conditional...
