C4 - Econometric and Statistical Methods: Special Topics - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T15:06:21+00:00Modelling Mortgage Rate Changes with a Smooth Transition Error-Correction Model
https://www.bankofcanada.ca/2001/12/working-paper-2001-23/
This paper uses a smooth transition error-correction model (STECM) to model the one-year and five-year mortgage rate changes. The model allows for a non-linear adjustment process of mortgage rates towards their long-run equilibrium.2001-12-01T11:43:24+00:00enModelling Mortgage Rate Changes with a Smooth Transition Error-Correction Model2001-12-01Econometric and statistical methodsInterest ratesWorking Paper 2001-23 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp01-23.pdfModelling Mortgage Rate Changes with a Smooth Transition Error-Correction ModelYing LiuDecember 2001CC2C22C4C49EE4E47