Overnight interest rates and aggregate market expectations

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 100
Issue: 1
Pages: 27-30

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

This paper introduces an entropy approach to measuring market expectations with respect to overnight interest rates in an inter-bank money market. The findings for the Turkish 2000-2001 borrowing crisis suggest that a dynamic, non-extensive entropy framework provides a valuable insight into the degree of aggregate market concerns during the crisis.

Technical Details

RePEc Handle
repec:eee:ecolet:v:100:y:2008:i:1:p:27-30
Journal Field
General
Author Count
2
Added to Database
2026-01-25