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- W1973202489 abstract "The momentum threshold autoregressive (MTAR) model of Enders and Siklos (2001) is utilized to examine the response of the 30-year conventional mortgage rate to changes in the federal funds rate in the USA over the period 1971:4 to 2005:10. The results indicate incomplete interest rate pass-through; however, the long-run adjustment process appears to be symmetric rather than asymmetric." @default.
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- W1973202489 date "2006-09-01" @default.
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- W1973202489 title "The response of the conventional mortgage rate to the federal funds rate: symmetric or asymmetric adjustment?" @default.
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- W1973202489 doi "https://doi.org/10.1080/17446540600647037" @default.
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