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- W289063568 abstract "This paper provides new evidence on asymmetric interest rate pass-through in the U.S., the U.K. and the Australian economies by using the Nonlinear Auto-Regressive Distributed Lag model, central bank interest rates, lending and deposit interest rates from selected banks, spanning the period 2000–2013. The results provide evidence that corroborates the asymmetric pass-through market predictions. Robustness tests are also performed by splitting the sample period into that prior to and after the recent financial crisis. The new findings document that the asymmetric character of pass-through remains active only in the case of Australia." @default.
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- W289063568 date "2015-09-01" @default.
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- W289063568 title "Asymmetric interest rate pass-through in the U.S., the U.K. and Australia: New evidence from selected individual banks" @default.
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- W289063568 doi "https://doi.org/10.1016/j.jmacro.2015.04.010" @default.
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