International Finance Discussion Papers: A Bivariate Model of Fed and Ecb Main Policy Rates by Chiara Scotti

International Finance Discussion Papers: A Bivariate Model of Fed and Ecb Main Policy Rates

Chiara Scotti

46 pages missing pub info (editions)

nonfiction politics
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This paper studies when and by how much the Fed and the ECB change their target interest rates. I develop a new nonlinear bivariate framework, which allows for elaborate dynamics and potential interdependence between the two countries, as opposed ...

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