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Alternative estimates of the well-known negative relationship between the US interest rate risk and the flow-through capability

This paper estimates US industries' ability to transmit inflation shocks to the prices of their products and services (flow-through capability, FTC) and the stock duration (interest rate sensitivity) at the sector level. Then, considering the significant differences in ability among industries,...

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Detalles Bibliográficos
Autores principales: Jareño, Francisco, Tolentino, Marta, Cano, Carlos
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6584844/
https://www.ncbi.nlm.nih.gov/pubmed/31249891
http://dx.doi.org/10.1016/j.heliyon.2019.e01901