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The response of market interest rates to discount rate changes
- Source :
- Federal Reserve Bank of St. Louis Review. July-August, 1992, Vol. 74 Issue 4, p78, 14 p.
- Publication Year :
- 1992
-
Abstract
- IT IS WELL-ESTABLISHED that discount rate changes of the same size can have markedly different effects on market interest rates. Studies of such effects, starting with Thornton (1982), have generally [...]
Details
- Language :
- English
- ISSN :
- 00149187
- Volume :
- 74
- Issue :
- 4
- Database :
- Gale General OneFile
- Journal :
- Federal Reserve Bank of St. Louis Review
- Publication Type :
- Periodical
- Accession number :
- edsgcl.14084054