Research Paper No. 7: Monetary Policy and Financial Stability in Haiti
Summary — This research paper examines monetary policy and financial stability in Haiti. It analyzes the relationship between monetary aggregates, inflation, exchange rates, and the banking sector's performance, providing insights into the effectiveness of monetary policy in the Haitian context.
Key Findings
- Monetary indicators are not clearly correlated with economic activity in Haiti.
- Regulatory measures have a positive impact on banks' exchange gains.
- Inflation negatively affects banks' exchange gains.
- Foreign-owned banks have a higher dependence on exchange gains.
Full Description
This research paper provides an in-depth analysis of monetary policy and financial stability in Haiti. It includes four distinct studies: (1) an assessment of the relationship between monetary indicators and economic activity, (2) an examination of the determinants of exchange rate gains for Haitian banks, (3) an empirical analysis of non-performing loans, and (4) an evaluation of monetary policy and bank credit. The paper aims to contribute to a better understanding of the challenges and opportunities for promoting financial stability and sustainable economic development in Haiti.