Sami, Mina; Eldomiaty, Tarek Ibrahim; Kamal, Mina - In: Central Bank review / Central Bank of the Republic of Turkey 20 (2020) 2, pp. 75-84
Purpose The financing of growth of the firm is quite sensitive to fluctuations in Fund rates. This requires a treatment of Fund rates being subject to structural shifts. This paper examines the impact of threshold Federal Fund Rate (FFR), being a proxy for Federal Reserve policy, on different...