The US Interest Rate Conundrum and its Implications for Australia

美国利率难题及其对澳大利亚的影响

• 批准号: DP0987589
• 负责人: Prof Vance Martin
• 金额: $ 11.76万
• 依托单位: The University of Melbourne
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2009
• 资助国家: 澳大利亚
• 起止时间: 2009-01-01 至 2014-12-31
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP0987589
• 关键词: US; Interest; Rate; Conundrum; its

The project generalises existing factor models of interest rates. The project will result in several benefits nationally as well as internationally. As U.S. interest rates and U.S. monetary policy in general are important determinants of interest rates in Australia, the project will lead to an improved understanding of the international mechanism linking interest rates. This will also provide a better framework in which to understand and monitor monetary policy in Australia. An important aspect of the project is the development of new testing procedures that improve upon existing nonparametric methods.

该项目概括了现有的利率因子模型。该项目将在国内和国际上带来诸多好处。由于美国利率和美国货币政策总体上是澳大利亚利率的重要决定因素，因此该项目将加深对利率挂钩国际机制的理解。这也将为了解和监测澳大利亚的货币政策提供更好的框架。该项目的一个重要方面是开发新的测试程序，以改进现有的非参数方法。