haku: @indexterm INTEREST RATE OPTIONS / yhteensä: 15
viite: 3 / 15
Tekijä: | Cover, J. P. |
Otsikko: | The role of seasonal interest rate fluctuations in a classical model |
Lehti: | Journal of Money, Credit and Banking
1999 : NOV, VOL. 31:4, p. 763-784 |
Asiasana: | Interest rates Interest rate options Monetary policy Seasonal fluctuation Econometric models |
Kieli: | eng |
Tiivistelmä: | This paper examines the role of seasonal interest rate changes within a classical model. It shows that the rate of interest is relatively high during seasons in which resources have a relatively high value. Hence seasonal interest rate variations cause economic actors to reallocate resources from seasons during which they have a relatively high value. |
SCIMA