Skip to main content

Table 1 Variables and representation

From: Monetary and fiscal factors in nominal interest rate variations in Sri Lanka under a deregulated regime

Variables Specification Representation
nominal interest rate annual rate of interest on 91-day TBs ia1t
annual rate of interest on 364-day TBs ia2t
quarterly series of call money rate iq1t
quarterly series of interest on 364-day TBs iq2t
budget deficit budget deficit as the percentage of GDP Bt
money supply growth annual series of real M1 money supply growth M1at
annual series of real M2 money supply growth M2at
quarterly series of real M1 money growth M1qt
quarterly series of real M2 money growth M2qt
rate of change of exchange rate rate of change of annual exchange rate Eat
rate of change of quarterly exchange rate Eqt
real income growth growth of annual real GDP at factor cost Yat
growth of quarterly real GDP at factor cost Yqt
  1. Source: Author’s representation