## Abstract This paper differentiates itself from the existing literature by testing for heterogeneities in the interest rate transmission mechanism using a large sample of 662 monthly retail rate histories (1993β2004) on seven key deposit and loan products. Error correction models are estimated to
A cointegration analysis of the Asian dollar and Eurodollar interest rate transmission mechanism
β Scribed by Hung-Gay Fung; Steven C Isberg; Wai K Leung
- Publisher
- Springer
- Year
- 1992
- Tongue
- English
- Weight
- 781 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0217-4561
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
This paper examines the monetary model of exchange rate determination from a long-run perspective in the presence of a 'parallel' or 'black' market for US dollars in Greece using monthly data for the recent float, in four ways. First, unit root tests that maintain both stationarity and nonstationari
## Abstract We use Japanese aggregate and disaggregate money demand data to show that conflicting inferences can arise. The aggregate data appears to support the contention that there was no stable money demand function. The disaggregate data shows that there was a stable money demand function. Nei