Long and Short-Term Interest Rates in the United Kingdom.

Economica ◽  
1967 ◽  
Vol 34 (135) ◽  
pp. 344
Author(s):  
A. A. Shapiro ◽  
F. W. Paish
1968 ◽  
Vol 19 (3) ◽  
pp. 532
Author(s):  
André Chaineau ◽  
F. W. Paish ◽  
Andre Chaineau

2012 ◽  
Vol 16 (S2) ◽  
pp. 232-251 ◽  
Author(s):  
Mohamed El Hedi Arouri ◽  
Fredj Jawadi ◽  
Duc Khuong Nguyen

We use daily short-term interbank interest rates of France, the United Kingdom, and the United States to examine the dynamic links of international monetary markets from 2004 to 2009. Results from vector error-correction models and smooth-transition error-correction models show strong evidence of nonlinear and heterogeneous causalities between the three interest rates. We also find that changes in the U.S. interest rate deviations from the long-run equilibrium led those in France and in the United Kingdom by one to two days. Finally, the national interest rate nexus appears to converge in nonlinear fashion toward a steady state because it is subject to structural change beyond a certain rate threshold. Our findings have important implications for the actions of leading central banks (ECB, Bank of England, and U.S. Fed) because the joint behavior of short-term interest rates can be viewed as an indicator of the degree of central banks' policy interdependence.


2019 ◽  
pp. 115-119
Author(s):  
Vladimir Shubin

The article is a rejoinder to the work of Yury S. Skubko, previously published in the Journal of the Institute for African Studies, on Moscow’s relations with De Beers. It is based not only on the available literature but also on the author’s personal experience. The author shows that under the monopoly of this South African company in the field of diamond sales, Soviet organizations, even in the conditions of a South African boycott, were forced to deal with its subordinate structures and the attempts to sideline them were in vain. In particular the article analyses the attitude to a controversial agreement signed by the Soviet state-owned “Glavalmalmazzoloto” and De Beers Centenary in 1990, when, like in many other cases in the “Gorbachev’s era” Moscow’s principle stand was eroded for short-term results even personal gains. The author comes to the conclusion that the responsibility for Moscow’s dealings with De Beers must be borne not by our country, but above all by the United Kingdom, which allowed De Beers have the headquarters of its Central Selling Organisation (CСO) in London.


10.2196/19749 ◽  
2020 ◽  
Vol 3 (2) ◽  
pp. e19749
Author(s):  
Laura Elizabeth Tinner ◽  
Eileen Kaner ◽  
Claire Garnett ◽  
Siobhan Mitchell ◽  
Matthew Hickman ◽  
...  

Background In the United Kingdom, despite some downward trends in alcohol use among young people, over one-fifth of young people reported excessive alcohol use in the past month, which is associated with short- and long-term harm to health. Digital interventions to reduce alcohol use, such as websites, among young people present an appealing and cost-effective mode of intervention that can be integrated into the education system. However, relatively few school-based digital alcohol-focused interventions have been developed and evaluated for young people in the United Kingdom. Objective This study aims to develop a novel web-based intervention, Rethink Alcohol, to prevent and reduce excessive alcohol use and related harm among young people aged between 14 and 15 years, and explore the views of young people, teachers, and youth workers in relation to the content, design, and usability of the intervention. Methods Intervention development followed the person-based approach, using theories of social norms and social influence. Qualitative “Think-Aloud” interviews, either one-to-one or paired, were conducted while participants perused and worked through the web-based intervention, talking aloud. Participants included 20 young people (12 female, 8 male), 5 youth workers (4 female, 1 male), 3 teachers (2 male, 1 female), and 1 (male) clinical professional, recruited via youth groups and professional networks. Interviews were audio recorded, transcribed verbatim, and analyzed thematically. Results The prototype web-based intervention included normative feedback, information, a quiz, interactive activities, and scenarios. On a rating scale of impressions from poor (1) to excellent (5), participants gave an average score of 3.6/5. A total of 5 themes were identified: content, credibility of the website, making the website easy to understand, design and navigation, and suitability for the audience. These themes reflected views that the content was interesting, credible, informative, and embodied a neutral and nonjudgmental tone, but stronger messaging was needed regarding social pressures and short-term risks regarding safety and risk behavior alongside clarity around pathways of risk; credibility and trustworthiness of information were critical features, determined in part, by the professionalism of design and referencing of sources of information provided; and messages should be succinct and come to life through design and interactive features. Conclusions Together, the data illustrated the importance and challenge of communicating nuanced alcohol-focused public health messages to young people in concise, clear, nonjudgmental, and appealing ways. Young people report interest in clear, credible, neutral, and interactive messages regarding social pressures and short-term risks of alcohol use via a web-based intervention. There is scope for optimization and feasibility testing of the Rethink Alcohol intervention.


2017 ◽  
Vol 20 (1) ◽  
pp. 26-47
Author(s):  
Hakan Berument ◽  
Ezequiel Cabezon ◽  
Richard Froyen

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