English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

This paper examines the influence of monetary policy on market interest rates by testing for Granger-causality between the rates for interest rate tender and the interbank call money rates and the bond-market rates respectively. The direkt Granger test and a modified Hsiao test are used and a possible structural brake is taken into account. The results did not support the hypothesis that the Bundesbank influences the market interest rates with the rates for repurchase agreements but indicate that the interbank call money rates have a strong impact on the interest rate fixing of the Bundesbank.

jahrbücher für nationalökonomie und statistik

Wertpapierpensionsgeschäfte. Empirische Analyse der Wirkung des Zinstendersatzes auf die Marktzinsen / Repurchase Agreements. An Empirical Analysis of the Impact on Market Interest Rates