2 results for “interest rates”

📈 Economics Master's

Monetary Policy Transmission in Small Open Economies

In a small open economy the exchange-rate channel often dominates the interest-rate channel, inverting the textbook ordering of monetary transmission. This paper examines that inversion using evidence from inflation-targeting economies and considers what it implies for central banks whose mandates were written with a closed-economy model in mind.

703 words · 3 min read 🔒 1,200 tokens to unlock

📚 Literature & History Master's

Postcolonial Readings of Nineteenth-Century Travel Writing

Nineteenth-century travel writing produced the imperial periphery as an object of knowledge at the same time as it claimed merely to describe it. This essay applies postcolonial critical method to a selection of Victorian travel narratives, and argues that the genre's characteristic rhetorical move — the shift from observation to generalisation — is where its ideological work is done.

715 words · 3 min read 🔒 1,200 tokens to unlock