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020129s1996 dcu o i00 0 eng d |
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|z 9781451942941
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|a 1018-5941
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|a 10.5089/9781451942941.001
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|a (IMF)imfwpiea1151996
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|a (IMF)WPIEA1151996
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|a DcWaIMF
|b eng
|e rda
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|a Thornton, John.
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|a Additional Evidenceon Ems Interest Rate Linkages /
|c John Thornton, Alicia Garcia-Herrero.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1996.
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|a 1 online resource (16 pages)
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|a text
|b txt
|2 rdacontent.
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|a computer
|b c
|2 rdamedia.
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|a online resource
|b cr
|2 rdacarrier.
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|a IMF Working Papers.
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|a This note examines interest rate linkages within the EMS. Cointegration tests suggest the existence of a long-run equilibrium relationship between German and other EMS interest rates. Bivariate VAR analysis finds that Granger-causality either stems from German to other European interest rates (Belgium, France, Spain, and the U.K.) or is bidirectional (Denmark and the Netherlands). When allowance is made for the influence of U.S. interest rates, the pattern of Granger causality is predominantly bidirectional.
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|a Description based on print version record.
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|a EMS Interest Rate Linkage
|2 imf.
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|a EMS Interest Rate Movement
|2 imf.
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|a EMS Interest Rates
|2 imf.
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|a Interest Rate
|2 imf.
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|a WP
|2 imf.
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|a Germany
|2 imf.
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|a Garcia-Herrero, Alicia.
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0 |
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|i Print Version:
|a Thornton, John
|t Additional Evidenceon Ems Interest Rate Linkages
|d Washington, D.C. : International Monetary Fund, 2021.
|z 9781451942941.
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830 |
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0 |
|a IMF working paper ;
|v WP/1996/115.
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4 |
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|u http://elibrary.imf.org/view/journals/001/1996/115/001.1996.issue-115-en.xml
|z Full Text (via IMF e-Library)
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907 |
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|a .b80519477
|b 05-02-23
|c 07-24-15
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|a web
|b - -
|c f
|d b
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|a University of Colorado Boulder
|b Online
|c Online
|d Online
|i web
|n 1
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