An alternative approach to the modelling of interest rate pass through and asymmetric adjustment

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 3
Pages: 491-494

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We propose an alternative approach to examine the nonlinear (asymmetric) behaviour of interest rates which can be both size and sign dependent. Compared to other widely used approaches, our model performs quite well based on two model selection criteria.

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:3:p:491-494
Journal Field
General
Author Count
2
Added to Database
2026-01-24