short-term interest rate
EFFECTIVENESS OF THE MONETARY POLICY IMPLEMENTATION IN THE CONTEXT OF CRISIS: USE OF SHORT-TERM INTEREST RATE IN THE CZECH REPUBLIC AND THE EMU
... the interest rate channel and the effectiveness in infl uencing short-term and long-term interest rates in the case of the EMU and the ...key interest rates to ...
14
Changes in the relationship between short term interest rate, inflation and growth: Evidence from the UK, 1820 2014
... growth rate and only one break in inflation in 1914 and two breaks in short term rates; break dates are rather precisely estimated with relatively tight confidence ...inflation rate is ...with ...
48
Modelling the short term interest rate with stochastic differential equation in continuous time: linear and nonlinear models
... volatility performance and the impact of level effect on volatility. The estimates of mean reversion across the linear and nonlinear models represented by 𝛼 0 , 𝛼 1 and 𝛼 2 are all found to be statistically ...
29
Empirical comparisons in short term interest rate models using nonparametric methods
... Empirical comparisons in short-term interest rate models using nonparametric methods Arapis, Manuel and Gao, Jiti The University of Western Australia, The University of Adelaide... feder[r] ...
34
Short Term Portfolio Investment and BI Rate: Do They Determine the Stabilization of Rupiah Exchange Rate in Indonesia?
... of short-term portfolio investments and BI interest rate on fluctuation of rupiah exchange rate in ...exchange rate was strongly influenced by shocks in the private debt ...
11
Lie Symmetry Methods in Finance - An Example of the Bond Pricing Equation
... one-factor interest-rate bond-pricing problem consist- ing of the partial differential equation and the final con- ...the short-term interest rate fol- lows a random walk which ...
6
Measuring the Signaling Effect of the ECB’s Asset Purchase Programme at the Effective Lower Bound
... of interest rate expectations, the results show that short- term interest rate expectations in the short- and medium-term up to three years ahead reacted the most ...
42
European Economy Supplement A No 4 April 1982 Recent economic trends
... - Despite the efforts of the monetary authorities in certain Community countries to encourage interest rates to fall, the Community short-term interest rate average rose slightly last mo[r] ...
8
Measuring monetary conditions in Europe: Use and limitations of the monetary conditions index
... quarterly interest rates and exchange rates ~in natural logarithms! indexed in ...change rate is the nominal trade-weighted exchange ...long-term interest rate is not included as a ...
23
Does consumer sentiment predict consumer spending in Malaysia? an autoregressive distributed lag (ARDL) approach
... unemployment rate, consumer price index, short-term interest rate, personal income, gross domestic product, total personal consumption, retail sales, expenditures for durables and ...
23
Effectiveness of Monetary Policy In Economies in Democratic Transition: Evidence from Tunisia
... the short-term interest ...the short-term interest rate has a longer and larger impact on the CPI; in the post-revolution period, a quarter after the tightening shock ...
28
Stability of demand for money function in Nepal: A cointegration and error correction modeling approach
... The long run coefficients are reported in Table 4. As expected, the coefficient of the real income (GDP) is positive and that of short term interest rate is negative. Quantitatively, the ...
15
Causality between Stock Market Index and Macroeconomic Variables: A Case Study for Malaysia
... the short-term interest rate, KLCI and government bond yields will help enhance economic growth in an open developing country like ...the short-term interest rate ...
14
Liquidity and macroeconomic management in emerging markets
... bank rate negatively affect Amihud’s (2002) illiquidity ratio for this sector in Bangladesh, India, Indonesia, Malaysia and ...bank rate and short term interest rate, but when ...
54
Modern Money Theories
... According to M. Friedman, the idea of the supply inflation rate is not true, that is, the increase in the burden on the producers will increase the amount of money. According to him, the increase in the cost can ...
10
Error Correction Based Panel Estimates of the Demand for Money of Selected Asian Countries with the Extreme Bounds Analysis
... the short term rate increase relative to the long term rate and individuals hold less ...exchange rate is based on currency ...exchange rate movements are used as a proxy ...
31
European Economy Supplement A No 1 January 1981 Recent economic trends
... -The fall in short-term interest rates which began in August continued in December but at a slower rate, and with some divergence between Member States, the Federal Republic of Germany a[r] ...
6
Market expectations of the short rate and the term structure of interest rates: a new perspective from the classic model
... the short term expected inflation while kept the long term ones ...long term Treasury securities financed by selling a same amount of the short term securities would actually ...
35
The Long term Rate and Interest Rate Volatility in Monetary Policy Transmission
... future short-term rates and their baseline long-term lending rates when encountering exogenous policy rate ...policy rate change may pass through to ...future short rates is ...
52
Transfer Money Policy through Credit Channels in Vietnam
... as interest rate channel, exchange rate channel, asset price channel, credit channel … The purpose of this research is to consider the effectiveness of transmission of monetary policy through credit ...
7