1. Ln[RCBR]t-1 is the real central bank rate, lagged one year.

2. The changes in the bank rate are, therefore, followed by changes in all other rates as the money market.

3. Bank of England, bank of issue, bank on, bank paper, bank rate, Bankroll, Bankroller, bank run, bankrupt, bankruptcy, bankruptcy order

4. Since January, the Bank has cut the Bank Rate by a total of 100 basis points to support growth in aggregate demand.