Date of Award
2019
Document Type
Thesis
Degree Name
Bachelors
Department
Social Sciences
First Advisor
Khemraj, Tarron
Area of Concentration
Economics
Abstract
This thesis estimates the international interest rate pass-through in the context of a specific country, Lebanon, by focusing on the loan market. The pass-through from policy rates to retail rates is examined in light of the transmission from the U.S. Treasury Bill rate to the retail rates in Lebanon. The general empirical framework used in this paper is an Autoregressive Distributed Lag (ARDL) model to examine the long-run and short-run estimates of the pass-through. Another part of the thesis is looking at the asymmetric behavior of the lending rates in Lebanon and analyzing what these results unravel about the loan market in both the domestic Lebanese pound currency and the pegged dollar currency.
Recommended Citation
Rahi, Simona, "THE INTERNATIONAL INTEREST RATE PASS-THROUGH IN LEBANON" (2019). Theses & ETDs. 5780.
https://digitalcommons.ncf.edu/theses_etds/5780