Lam, Swee-Sum; Li, Tao; Zhang, Weina - In: China Finance Review International 10 (2019) 1, pp. 16-36
interest rate model also provides a timely method to evaluate the impact of policy shifts at an intra-day frequency, whereas …, derivatives market, forex market, lending market, and real estate market etc. The authors employ a stylized equilibrium interest … rate model from Liet al.(2013) to deduce the impact of policy reversals on economic growth and the associated volatility …