Additional Evidenceon Ems Interest Rate Linkages /

This note examines interest rate linkages within the EMS. Cointegration tests suggest the existence of a long-run equilibrium relationship between German and other EMS interest rates. Bivariate VAR analysis finds that Granger-causality either stems from German to other European interest rates (Belgi...

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Dettagli Bibliografici
Autore principale: Thornton, John
Altri autori: Garcia-Herrero, Alicia
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1996.
Serie:IMF Working Papers; Working Paper ; No. 1996/115
Soggetti:
Accesso online:Full text available on IMF