| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6027 |
| DP6027 Evaluating An Estimated New Keynesian Small Open Economy Model | |
| Jesper Linde; Malin Adolfson; Stefan Laséen; Mattias Villani | |
| 发表日期 | 2007-01-21 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | We examine whether ?imputed? interest rates obtained from bank financial statements are unbiased estimates of ?offered? interest rates that the same banks report in surveys. We find evidence of a statistically significant amount of bias. However, the statistical bias that we document does not appear to be economically significant. When used as dependent variables in regression analysis, imputed rates and offered rates lead to the same policy conclusions. Our work has important methodological implications for empirical research that examines the product market competition among depository institutions. |
| 主题 | Financial Economics |
| 关键词 | Deposit rates Imputed prices Product market Transaction prices |
| URL | https://cepr.org/publications/dp6027 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534894 |
| 推荐引用方式 GB/T 7714 | Jesper Linde,Malin Adolfson,Stefan Laséen,et al. DP6027 Evaluating An Estimated New Keynesian Small Open Economy Model. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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