The Dynamic of Interest Rate Pass-through | An Empirical Study In East-Asian Context

Pih Nee Tai (u. a.)

ISBN 10: 3845401850 / ISBN 13: 9783845401850

Published by LAP LAMBERT Academic Publishing, 2011

About this Item

The Dynamic of Interest Rate Pass-through | An Empirical Study In East-Asian Context | Pih Nee Tai (u. a.) | Taschenbuch | 80 S. | Englisch | 2011 | LAP LAMBERT Academic Publishing | EAN 9783845401850 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu.

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Bibliographic Details

• Title: The Dynamic of Interest Rate Pass-through | An Empirical Study In East-Asian Context
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2011
• Language: English
• ISBN 10: 3845401850
• ISBN 13: 9783845401850
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 5D millimeters 220 millimeters width by 150 millimeters height by 5 millimeters depth
• Weight: 137 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

The nature of interest rate pass-through can determine the degree of competitiveness among banks and the soundness of the financial system. High speed of long run policy transmission indicates effective interest rate channel. The speed of changes in the lending rates will reflect the impression of investor about monetary policy action. In this study, pass-through of money market interest rate into several retail banking interest rates is examined in Asian cross-country perspective. Applying a Seemingly Unrelated Regression (SUR)approach, the cross-country heterogeneity in the pass-through mechanism is tested. The principal aim of this study is to explore the effectiveness of interest rate transmission mechanism from money market rate or policy rate into retail banking rate in Asian countries. The results provide evaluation on the effectiveness of new monetary policy implemented after crisis in several Asian countries.

About the Author

Pih Nee Tai is a master student of School of Mathematical Sciences, Universiti Sains Malaysia. Her main area of study is Statistics.Siok Kun Sek is a Senior Lecturer of School of Mathematical Sciences, Universiti Sains Malaysia. She obtained her doctoral degree at Christian-Albrechts-Universität zu Kiel, Germany.