of an own interest rate path enhances a central bank's ability to steer market expectations. Two main results emerge … guidance involved publication of an own interest rate path or not. Second, for New Zealand, we find weak evidence that a … publication of a path could potentially enhance a central bank's leverage on the medium term structure of interest rates …

This paper investigates the nature of the causal relationships among interbank market interest rates and corporate … loans interest rates in four countries from the euro area (Austria, Belgium, France and Italy), and in the Czech Republic …-term as well as short-term causalities between the interest rates. The results suggest that interest rate relationships differ …

This study aims to examine the determinants of the MIR interest rate in the Euro area for the period 2003Q1-2015Q3. By … evidence concerning interest rate spreads behaviour. …

argued that the central bank can influence the long-term interest rate on government bonds and the shape of the yield curve … mainly through the short-term interest rate. Investors' psychology, herding behavior in financial markets, and uncertainty … about the future reinforce the effects of the short-term interest rate and the central bank's monetary policy actions on the …

through which the COVID‑19 shock is likely to influence US interest rates over the years ahead, including its impacts on …

of an own interest rate path enhances a central bank’s ability to steer market expectations. Two main results emerge … guidance involved publication of an own interest rate path or not. Second, for New Zealand, we find weak evidence that a … publication of a path could potentially enhance a central bank’s leverage on the medium term structure of interest rates …

for term interest rate systems is derived that enables the pricing and valuation of associated linear derivative … quantitative evidence against global interest rate reforms replacing term reference rates, e.g., Libor, with alternatives based on …

argued that the central bank can influence the long-term interest rate on government bonds and the shape of the yield curve … mainly through the short-term interest rate. Investors’ psychology, herding behavior in financial markets, and uncertainty … about the future reinforce the effects of the short-term interest rate and the central bank’s monetary policy actions on the …

Brazilian term structure of interest rates. We estimate a near-VAR model under the identification scheme proposed by Christiano … interest rates. We find that monetary policy shocks in Brazil explain a significantly larger share of the dynamics of the term …