Interest Rate Pass-Through in Pakistan: Evidence from the Asymmetric Co-integration Approach
This study examines the asymmetry of interest rate pass-through between wholesale (KIBOR) and retail interest rates (Deposit and Lending rate) for Pakistan, by using the asymmetric threshold co-integration proposed by Enders & Sikles (2001) and EC-EGARCH-M model proposed by Wang & Lee (2009...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
National University of Sciences and Technology
2021-01-01
|
| Series: | NUST Journal of Social Sciences and Humanities |
| Subjects: | |
| Online Access: | https://www.njssh.nust.edu.pk/index.php/njssh/article/view/32 |