Add to ORKGThe characteristics of the interest rate pass-through in the Czech Republic, Hungary and Poland are studied making use of autoregressive distributed lags (ARDL) models. Significant differences are found across market interest rates and countries concerning long-run elasticities of market interest rates to changes in the key policy rate. While the null hypothesis of complete pass-through cannot be rejected for any interest rate in Poland, deviations from complete pass-through are present for several interest rates in the Czech Republic and Hungary. Except for the case of the short-term loan rate for enterprises in Hungary, no significant deviation from symmetry in the speed of adjustment to equilibrium is found in the data.http://deepblue.li...
This paper analyzes the transmission mechanisms of a contractionary monetary policy shock on the rea...
This study investigates interest rate pass-through convergence for the eight Central and Eastern Eur...
Summary: The stable macroeconomic environment, as one of the primary objectives of the Visegrad coun...
In this study, we seek to better understand the interest rate pass-through in five Central and Easte...
Research background: The question of changes in real interest rates differentials between the Euro A...
This paper assesses how changes in the monetary policy rate transmit to the lending rates for the co...
International audienceThe paper explores (former) transition economies, Poland, Czech Republic, Slov...
The stable macroeconomic environment, as one of the primary objectives of the Visegrad countries in ...
The stable macroeconomic environment, as one of the primary objectives of the Visegrad countries in ...
This paper analyzes the link between the choice of exchange rate regime and inflationary performance...
Exchange rate plays an important role in transmitting pressures from the external shocks to the dome...
The aim of this article is to present and evaluate interest rate policies of three selected central ...
The transmission channels of monetary policy are used by central banks to accomplish the main object...
The effectiveness of interest rate pass-through is crucial when shaping monetary policy. In this pap...
We use a structural VAR model with short-term restrictions to investigate the relative importance of...
This paper analyzes the transmission mechanisms of a contractionary monetary policy shock on the rea...
This study investigates interest rate pass-through convergence for the eight Central and Eastern Eur...
Summary: The stable macroeconomic environment, as one of the primary objectives of the Visegrad coun...
In this study, we seek to better understand the interest rate pass-through in five Central and Easte...
Research background: The question of changes in real interest rates differentials between the Euro A...
This paper assesses how changes in the monetary policy rate transmit to the lending rates for the co...
International audienceThe paper explores (former) transition economies, Poland, Czech Republic, Slov...
The stable macroeconomic environment, as one of the primary objectives of the Visegrad countries in ...
The stable macroeconomic environment, as one of the primary objectives of the Visegrad countries in ...
This paper analyzes the link between the choice of exchange rate regime and inflationary performance...
Exchange rate plays an important role in transmitting pressures from the external shocks to the dome...
The aim of this article is to present and evaluate interest rate policies of three selected central ...
The transmission channels of monetary policy are used by central banks to accomplish the main object...
The effectiveness of interest rate pass-through is crucial when shaping monetary policy. In this pap...
We use a structural VAR model with short-term restrictions to investigate the relative importance of...
This paper analyzes the transmission mechanisms of a contractionary monetary policy shock on the rea...
This study investigates interest rate pass-through convergence for the eight Central and Eastern Eur...
Summary: The stable macroeconomic environment, as one of the primary objectives of the Visegrad coun...