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Observed and expected interest rate pass-through under remarkably high market rates

This paper investigates the pass-through from observed and expected policy interest rates to the remarkably high lending rates in the Brazilian economy, accounting for financial-institution specific characteristics, borrower types, asymmetric adjustment and persistence in loan rates. We use a unique...

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Detalles Bibliográficos
Autores principales: Divino, Jose Angelo, Haraguchi, Carlos
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9716535/
https://www.ncbi.nlm.nih.gov/pubmed/36474602
http://dx.doi.org/10.1007/s00181-022-02335-0