Valadkhani, Abbas; Arjomandi, Amir; O'Brien, Martin - In: Applied Economics Letters 20 (2013) 9, pp. 869-874
This article examines the dynamic relationship between the Reserve Bank of Australia's (RBA's) cash rate and the variable interest rate for lending to small businesses. The relationship is evaluated via an asymmetric GARCH model using monthly data spanning from August 1990 to October 2012. Our...