Sectoral Effects of Monetary Policy in CEMAC: Evidence from Bank-level Data
Désiré Avom, Patrick-Nelson Daniel ESSIANE & Francis MEYIMBENE · Asian Journal of Economics, Business and Accounting · 2025
Understanding monetary policy tranmission is crucial for macroeconomic analysis, as policy actions can significantly affect interest rates, credit, output and employment by shaping aggregate demand. While standard approaches typically focus on aggregate outcomes, they may overloo...