Modelling British Interest Rate Adjustment: An Error Correction ApproachEconomica - Tập 64 Số 254 - Trang 211-231 - 1997
Shelagh A. Hefferman
An error correction model is used to capture the dynamics of British retail deposit and loan rate responses to changes in the central bank’s base rate. The test is conducted using a monthly series of interest rates for four generic retail banking products over the period 1986–93. The adjustment process is found to vary considerably between and within banks and products. The results suggest...... hiện toàn bộ
Anorexia, Body Image and Peer Effects: Evidence from a Sample of European WomenEconomica - Tập 80 Số 317 - Trang 44-64 - 2013
Joan Costa‐Font, Mireia Jofre‐Bonet
Excessive preoccupation with self‐image (or identity) is regarded as a factor contributing to the proliferation of food disorders, especially among young women. This paper models how self‐image and peer effects influence health‐related behaviours, specifically food disorders. We empirically test our claims using data from the Eurobarometer Survey. Our findings suggest that the larger peers...... hiện toàn bộ
Interest Rate Pass‐Through and Monetary Transmission: Evidence from Individual Financial Institutions' Retail RatesEconomica - Tập 71 Số 281 - Trang 99-123 - 2004
Boris Hofmann, Paul Mizen
Official interest rate changes should influence short rates on money market instruments and retail products, such as deposit accounts and mortgages, but complete pass‐through is often taken for granted. This paper provides a theoretical and econometric framework for assessing the evidence for this assumption using seventeen years of monthly data for rates on thirteen deposit and mortgage p...... hiện toàn bộ