Pass-Through of SBP Policy Rate to Market Interest Rates: An Empirical Investigation

Pass-Through of SBP Policy Rate to Market Interest Rates: An Empirical Investigation

Market based implementation of monetary policy embeds a swift and complete passthrough of changes in policy rate to market interest rates. This impacts the lending and deposit rates (retail rates) of the banking system. Incomplete and slow pass-through impairs the effectiveness of monetary policy tr...

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Bibliographic Details
Main Authors: Mahmood ul Hassan Khan, Muhammad Nadim Hanif
Format: Article
Language:English
Published: Shaheed Zulfikar Ali Bhutto Institute of Science and Technology 2012-06-01
Series:JISR Management and Social Sciences & Economics
Subjects:
Pass-through
market interest rates
monetary policy framework
Online Access:https://jisrmsse.szabist.edu.pk/index.php/szabist/article/view/478

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