The yield curve and financial risk premia implications for monetary policy
The determinants of yield curve dynamics have been thoroughly discussed in finance models. However, little can be said about the macroeconomic factors behind the movements of short- and long-term interest rates as well as the risk compensation demanded by financial investors. By taking on a macro-fi...
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| Format: | Electronic Resource |
| Language: | English |
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Berlin, Heidelberg
Springer Berlin Heidelberg
2011.
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| Series: | Nature Notes in Economics and Mathematical Systems
6544 |
| Subjects: |