Panagopoulos, Yannis; Spiliotis, Aristotelis - In: Credit and Capital Markets – Kredit und Kapital 48 (2015) 3, pp. 477-500
This paper reassesses the existing asymmetries and rigidities in the interest rate pass-through transmission channels, applied in the advanced economies of the US, the UK, Canada, Japan and the Eurozone. A Crouching Error Correction Model econometric methodology is implemented. The accurate...