Title :
Emprical analysis on shibor as basic rate on the monetary market
Author :
Peng-fei, Xu ; Ying Zhang ; Ke-xin, Wang
Author_Institution :
Finance Dept., Zhejiang Univ. of Finance & Econ., Hangzhou, China
Abstract :
Determination of the benchmark interest rate is the core under the marketization of the interest rate. Shibor is established for cultivating the standard rate in our country. It is essential to see whether Shibor can be the standard rate in our monetary market. In this paper, we will get solutions to this issue and make further suggestions by researching the relationship between Shibor and other market interest rates.
Keywords :
economic indicators; financial management; Shibor; benchmark interest rate; market interest rates; monetary market; Benchmark testing; Econometrics; Economic indicators; Finance; Probability; Reactive power; benchmark interest rate; eviews; shibor;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6009825
