What Drives China's Interbank Market? /
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We argue, using a theoretical model and empirical anal...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2009.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2009/189 |
Acesso em linha: | Full text available on IMF |