issue of uniform rate of interest is discussed in the relevant context, especially with connection to Arrow-Debreu results …

One of the great mysteries of finance is "what determines an interest rate?" The most basic framework is a supply and …

. An increase in equity premia will therefore be accompanied by a cut in policy interest rates, even if the policy rule …

The fall in risk free interest rates since the 1980s has mostly been described as being induced by factors that push … down interest rates from the demand side. This paper contributes to the literature by adding a view of the supply side …, namely that interest has to be earned first, before it can be distributed. Consequently, interest can only sustainably be …

This is the first in a series of seven papers on interest rates and it covers the basic terms and information required … for a fuller understanding of the significance of interest rates: the instruments that interest rates apply to, the bank … interest margin which plays an important transmission role in monetary policy, time value of money, types, relationship between …

This is the third in a series of seven papers on interest rates and it covers the yield curve, the literature on the … composition of interest rates, an alternative analysis of composition of interest rates, the literature on the risk-free rate, an … alternative view of the risk-free rate, and an analysis of the relationship of interest rates. The seven papers cover: (1) what …

This is the second in a series of seven papers on interest rates and it covers the relationship between the policy … interest rate and the banks' prime lending rate; the many, but related, interest rates on debt and deposits; the interbank … market interest rates; and the relationship of money market interest rates. The seven papers cover: (1) what are interest …

This paper investigates the nature of the causal relationships among interbank market interest rates and corporate … loans interest rates in four countries from the euro area (Austria, Belgium, France and Italy), and in the Czech Republic …-term as well as short-term causalities between the interest rates. The results suggest that interest rate relationships differ …

This study aims to examine the determinants of the MIR interest rate in the Euro area for the period 2003Q1-2015Q3. By … evidence concerning interest rate spreads behaviour. …