Gregor, Jiří; Melecký, Aleš; Melecký, Martin - 2019
-bill rate) transmit to bank lending rates. This paper reviews the empirical literature on the interest rate pass-through and …-through coefficients in studies that focus on transmission to long-term lending rates, consumer lending rates, and average lending rates …). Interestingly, central bank independence rising from lower levels can reduce interest rate pass-through, while central bank …