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The response of market interest rates to discount rate changes

Authors :
Dueker, Michael J.
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