It stands for monetary policy transmission; the mechanism by which changes to monetary policy made by a central bank (i.e.,...

The mechanism by which changes to monetary policy made by a central bank (i.e., policy- induced changes) are transmitted (i.e.,...

The mechanism by which changes to monetary policy made by a central bank (i.e., policy- induced changes) are transmitted (i.e.,...

The notion that monetary policy affects the level of economic activity in a country not only by adjusting short-term interest...

The notion that changes (premeditated changes) in interest rates affect borrowers' balance sheets and income statements. As a type of...