Özet:

The monetary transmission mechanism explains the channels and their effects which influence the final objectives of the policy authorities. There is a remarkable theoretical and empirical literature about different channels of monetary transmission mechanism that try to explain each channel and relevant markets and variables for the monetary transmission mechanism. In this paper, different models of monetary transmission channels and how they affect the economy will be explained in detail. Besides, what are the differences between alternative monetary policies and their characteristics that conduct the economy will be analysed

Anahtar Kelimeler: