Impact of central bank policy on bank lending rate: developing nations evidence
The pass-through of the policy rate to the bank lending rate gauges the effectiveness of monetary policy in stabilizing the economy. This paper investigates how effectively the policy rates pass through to the bank lending rates, and whether the policy rate pass-through is symmetric or asymmetric in...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2018
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| Online Access: | http://psasir.upm.edu.my/id/eprint/22655/1/29%29%20Impact%20of%20Central%20Bank%20Policy.pdf |