Econometric simulation of all effects of interest rate changes, first on the money market and then on other economic variables. The aim is to obtain reliable impulse-response functions from which the likely impact of a central bank policy measure can be determined in advance. – See book credit, key data, macroeconomic, equilibrium models, dynamic-stochastic, models, monetary, thrift rule. Spectral analysis .- Cf. Monthly Report of the Deutsche Bundesbank of September 2008, pp. 49 ff. (explanations; references; overviews), Monthly Report of the Deutsche Bundesbank of September 2011, p. 79 (application to banks’ book credits in the period 2002 to 2011).
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/