Akram, Tanweer; Mamun, Khawaja Abdullah al - 2022
John Maynard Keynes argued that the central bank influences the long-term interest rate through the effect of its … policy rate on the short-term interest rate. However, Keynes's claim was confined to the behavior of the long-term government …-the-counter financial derivatives by econometrically modeling the dynamics of the pound sterling-denominated longterm interest rate swap …