Theoretical basis of monetary transmission interest rate channel functioning

Authors

Keywords:

monetary policy, monetary transmission, interest rate channel, transmission mechanism

Abstract

The article describes theoretical foundations of interest rate channel of monetary transmission functioning. The relationship and features of the spread of monetary shocks in the financial and real sectors of the economy are revealed. The influence of time lags and second-order effects on the state of the economy is analysed.

Author Biography

  • Aliaksandr S. Prystauka, Belarus State Economic University, 26 Partyzanski Avenue, Minsk 220070, Belarus

    postgraduate student at the department of economic theory, faculty of international economic relations

References

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Published

2021-11-25

Issue

No. 2 (2021): Journal of the Belarusian State University. Economics

Section

E. Macroeconomics and Monetary Economics

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How to Cite

[1]
Prystauka, A.S. 2021. Theoretical basis of monetary transmission interest rate channel functioning. Journal of the Belarusian State University. Economics. 2 (Nov. 2021), 48–58.