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| Thanaset Chevapatrakul and Juan Paez-farrell |
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| ''What determines the sacrifice ratio? A quantile regression approach'' |
| ( 2013, Vol. 33 No.3 ) |
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| This paper investigates the determinants of the sacrifice ratio in the OECD economies using a quantile regression framework. We show that the relationship is characterised by asymmetries that standard approaches are unable to capture. |
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| Keywords: Sacrifice ratio, quantile regression, OECD, asymmetries |
JEL: E3 - Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit: General |
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| Manuscript Received : Jul 01 2013 | | Manuscript Accepted : Jul 16 2013 |
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