Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions PDF (Adobe DRM) download by Christian Saborowski

Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions

INTERNATIONAL MONETARY FUND
Publication date: January 2013
ISBN: 9781475596199
Digital Book format: PDF (Adobe DRM)

Buy PDF

List price:
$9.00
Our price:
$6.99

You save: $2.01 (22%)
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
We employ a structural panel VAR model with interaction terms to identify determinants of effective transmission from central bank policy rates to retail lending rates in a large country sample. The framework allows deriving country specific pass-through estimates broken down into the contributions of structural country characteristics and policies. The findings suggest that industrial economies tend to enjoy a higher pass-through largely on account of their more flexible exchange rate regimes and their more developed financial systems. The average pass-through in our sample increased from 30 to 60 percent between 2003 and 2008, mainly due to positive risk sentiment, rising inflation and increasingly diversified banking sectors. The crisis reversed this trend partly as banks increased precautionary liquidity holdings, non-performing loans proliferated and inflation moderated.
Please sign in to review this product.
Format:
Devices:
Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions PDF (Adobe DRM) can be read on any device that can open PDF (Adobe DRM) files.

File Size:
2582 Kb
Language:
ENG
Copy From Text:
Disabled.
Printing:
Disabled.
Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions PDF (Adobe DRM) download by Christian Saborowski
INTERNATIONAL MONETARY FUND, January 2013
ISBN: 9781475596199
EAN:  9781475596199
PDF (Adobe DRM)
List Price: $9.00 eBook price: $6.99
Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions ePub (Adobe DRM) download by Christian Saborowski
INTERNATIONAL MONETARY FUND, January 2013
ISBN: 9781475524918
EAN:  9781475524918
ePub (Adobe DRM)
List Price: $9.00 eBook price: $6.99
Other books by Christian Saborowski
Effectiveness of Capital Outflow Restrictions ePub (Adobe DRM) download by Christian Saborowski
Effectiveness of Capital Outflow Restrictions
Christian Saborowski & Sarah Sanya
INTERNATIONAL MONETARY FUND, January 2014
ISBN: 9781484379752
Format: ePub, PDF
List Price: $9.00 Our price: $6.99
Accounting for Reserves PDF (Adobe DRM) download by Tamim Bayoumi
Accounting for Reserves
Tamim Bayoumi & Christian Saborowski
INTERNATIONAL MONETARY FUND, December 2012
ISBN: 9781475535761
Format: PDF, ePub
List Price: $9.00 Our price: $6.99
Capital Inflows and the Real Exchange Rate: Can Financial Development Cure the Dutch Disease? PDF (Adobe DRM) download by Christian Saborowski
Capital Inflows and the Real Exchange Rate: Can Financial Development Cure the Dutch Disease?
Christian Saborowski
INTERNATIONAL MONETARY FUND, December 2004
ISBN: 9781451871678
Format: PDF
List Price: $18.00 Our price: $13.99