Changes in the relationship between short‐term interest rate, inflation and growth: evidence from the UK, 1820–2014

This paper examines the dynamic relationship between interest rates, inflation and economic growth using a long dataset for the UK. The approach adopted enables us to identify structural breaks in the dynamic system (vector autoregression (VAR)). We find interest rates respond much more strongly to...

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Bibliographic Details

Main Authors:	Erdenebat Bataa, Andrew Vivian, Mark Wohar
Format:	Default Article
Published:	2019
Subjects:	Other commerce, management, tourism and services not elsewhere classified untagged Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/38157
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