Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions »
Series: IMF Working Papers
Author(s): Christian Saborowski , and Sebastian Weber
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 25 January 2013
Keywords: Interest Rate Pass-Through, Monetary Policy Transmission, inflation, banking, money market, General,
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 allow...