The stationarity of Australian real interest rates with and without structural breaks

被引:1
|
作者
Felmingham, B [1 ]
Leong, SS [1 ]
机构
[1] Univ Tasmania, Sch Econ, Hobart, Tas 7001, Australia
关键词
D O I
10.1080/1350485022000044147
中图分类号
F [经济];
学科分类号
02 ;
摘要
The Australian cash rate is generally unstable, while surveyed expected inflation and the 90 day bank bill rate are stationary subject to breaks. Real bond rates (2, 5, 10 years) are stationary in levels. Policy and market implications are drawn.
引用
收藏
页码:239 / 241
页数:3
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