Additional Evidenceon Ems Interest Rate Linkages /

This note examines interest rate linkages within the EMS. Cointegration tests suggest the existence of a long-run equilibrium relationship between German and other EMS interest rates. Bivariate VAR analysis finds that Granger-causality either stems from German to other European interest rates (Belgi...

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Bibliografiske detaljer
Hovedforfatter: Thornton, John
Andre forfattere: Garcia-Herrero, Alicia
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1996.
Serier:IMF Working Papers; Working Paper ; No. 1996/115
Fag:
Online adgang:Full text available on IMF