Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions /

We employ a structural panel VAR model with interaction terms to identify determinants of effective transmission from central bank policy rates to retail lending rates in a large country sample. The framework allows deriving country specific pass-through estimates broken down into the contributions...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Saborowski, Christian
Weitere Verfasser: Weber, Sebastian
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/023
Online Zugang:Full text available on IMF