The Impact of Federal Fund Rate in U.S.A. Movements on Lending Rates and Consumer Price Index in Jordan
Journal of Eastern European and Central Asian Research
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Title |
The Impact of Federal Fund Rate in U.S.A. Movements on Lending Rates and Consumer Price Index in Jordan
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Creator |
Khasawneh, Malik Qasim; Taibah University
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Subject |
term 1; term 2; term 3
Consumer Price Index (CPI), Federal Fund Rate, Lending Rate, Vector Error Correction Model (VECM). monetary economics |
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Description |
This study measures the impact of the federal fund rate on the lending rate and the consumer price index in Jordan during the period 1994-2013, relying on monthly data. The study finds that common changes that occur in the U.S. federal fund rate lead to direct changes in the lending rate in Jordan, and these changes are statistically significant. The study also finds that the changes in the U.S. federal fund rate lead to direct changes also in the consumer price index and these changes also are statistically significant.
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Publisher |
Institute of Eastern Europe and Central Asia
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Contributor |
None
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Date |
2016-04-05
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Type |
info:eu-repo/semantics/article
Peer-reviewed Articles info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
http://ieeca.org/journal/index.php/JEECAR/article/view/117
10.15549/jeecar.v3i1.117 |
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Source |
Journal of Eastern European and Central Asian Research (JEECAR); Vol 3, No 1 (2016): Journal of Eastern European and Central Asian Research; 11
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Language |
eng
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Relation |
http://ieeca.org/journal/index.php/JEECAR/article/view/117/pdf
http://ieeca.org/journal/index.php/JEECAR/article/downloadSuppFile/117/10 |
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Rights |
The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.This journal applies the Creative Common Attribution Share Alike Licence to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY license.Authors are free to: Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially. Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. No additional restrictions — Author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.
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