haku: @indexterm seasonal fluctuation / yhteensä: 63
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| 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. |
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