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Table 1 Summary statistics and correlation matrix

From: Interest rate liberalization and pass-through of monetary policy rate to bank lending rates in China

Panel A: Summary statistics
  Average Median S.D. Min Max Obs.
Level
 Policy rate 3.45 2.25 2.41 1.50 10.98 276
 Lending rate 6.47 5.85 1.98 4.35 12.24 276
First-difference
Policy rate −0.03 0 0.24 −1.80 0.27 275
Lending rate −0.03 0 0.19 −1.44 0.54 275
Panel B: Correlation matrix for the level of the interest rate series
  Policy rate Lending rate
 Policy rate 1.00 0.98
 Lending rate 0.98 1.00
Panel C: Correlation matrix for first-difference of the interest rate series
  Policy rate Lending rate
Policy rate 1.00 0.24
Lending rate 0.24 1.00