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EXERCISE 10.5INTEREST RATE MARKUPS Use the websites of two central banks of your choice to collect data on the monthly policy interest rate and the
EXERCISE 10.5INTEREST RATE MARKUPS
Use the websites of two central banks of your choice to collect data on the monthly policy interest rate and the mortgage interest rate between 2000 and the most recent year available.
- Plot the data, with the date on the horizontal axis and the interest rate on the vertical axis.
- How does the banking markup (interest rate margin) compare between the two countries?
- Do banking markups change over time? Suggest possible reasons for what you observe.
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