intTypePromotion=1

RETAIL BANK INTEREST RATE PASS-THROUGH: IS CHILE ATYPICAL?

Chia sẻ: Dadasd Aadad | Ngày: | Loại File: PDF | Số trang:0

0
49
lượt xem
5
download

RETAIL BANK INTEREST RATE PASS-THROUGH: IS CHILE ATYPICAL?

Mô tả tài liệu
  Download Vui lòng tải xuống để xem tài liệu đầy đủ

This approach has several advantages in comparison to Structural VARs. First, this model doesnít use identiÖcation assumptions and the sensitivity of the results to them (see for example Evans and Marshall (1998) where three di§erent empirical strategies are used). Second, it seems well suited in the European context around the founding of the ECB due to the common policy framework that could be deÖned by the same information set (ie a short term interest rate and two series for ináation and economic activity), the same goals of monetary policy but with possible shifts in the perception of monetary policy goals or in the level of these variables. As...

Chủ đề:
Lưu

Nội dung Text: RETAIL BANK INTEREST RATE PASS-THROUGH: IS CHILE ATYPICAL?

ADSENSE
ADSENSE

CÓ THỂ BẠN MUỐN DOWNLOAD

 

Đồng bộ tài khoản
2=>2