Guo, Yingwen; Zhou Z.F., Sherry - In: Hitotsubashi Journal of Economics 52 (2011) 1, pp. 1-11
A duration analysis is adopted in this study to investigate the determinants of the "interest rate spells" across ten countries (or area) . Both parametric and nonparametric methods are employed for the analysis. It is found that the length of "interest rate spells" is affected by both the rate...
