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SELECTIVE CREDIT CONTROLS AND THE MONEY SUPPLY PROCESS IN TRANSITIONAL ECONOMIES: THE CASE OF BULGARIA

Plamen Yossifov
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Plamen Yossifov: Ph.D. Student in Economics, University of Delaware

Authors registered in the RePEc Author Service: Пламен Йосифов

Macroeconomics from University Library of Munich, Germany

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.

Keywords: selective; credit; controls; credit; ceilings; money; multiplier (search for similar items in EconPapers)
JEL-codes: E5 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2003-02-27
New Economics Papers: this item is included in nep-cba, nep-fin, nep-mac, nep-rmg and nep-tra
Note: Type of Document - PDF; prepared on IBM PC; to print on PostScript; pages: 41 ; figures: included. MASTER'S PAPER
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0302006

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