Wilhelmsen, Bjørn-Roger (contributor); … - 2005
β , and the change in the key policy rate
jt
p∆ , led by 1, 5 and 10 business days,
and lagged by 5 business days:
(3 … are fully passed-trough in the 1-month
money market rates in 5 business days.
In Table 2 we report the estimated values of …