Determinants of Interest Rate Pass-Through : Do Macroeconomic Conditions and Financial Market Structure Matter? »
Series: IMF Working Papers
Author(s): Nikoloz Gigineishvili
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2011
Keywords: Interest rate pass-through, transmission mechanism, money market, inflation, central bank, monetary transmission, Financial Markets and the Macroeconomy,
Numerous empirical studies have found that the strength of the interest rate pass-through varies markedly across countries and markets. The causes of such heterogeneity have attracted considerably less attention so...