Expectations Uncertainty And The Term Structure Of Interest Rates PDF Download
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Author | : J. C. Dodds |
Publisher | : |
Total Pages | : 336 |
Release | : 1974 |
Genre | : Business & Economics |
ISBN | : |
Download Expectations, Uncertainty, and the Term Structure of Interest Rates Book in PDF, ePub and Kindle
Author | : J. Colin Dodds |
Publisher | : |
Total Pages | : 314 |
Release | : 1992 |
Genre | : Interest |
ISBN | : |
Download Expectations, Uncertainty, and the Term Structure of Interest Rates Book in PDF, ePub and Kindle
Author | : J. C. Dodds |
Publisher | : Ashgate Publishing |
Total Pages | : 314 |
Release | : 1992 |
Genre | : Interest |
ISBN | : 9780751200973 |
Download Expectations, Uncertainty and the Term Structure of Interest Rates Book in PDF, ePub and Kindle
Provides a critical, analytical base for the major theories on the term structure of interest rates. The authors establish guidelines with which to subject individual theories to empirical evaluation, and provide a survey of the evidence to accompany the procedural aspects of the evaluation.
Author | : J. C. Dodds |
Publisher | : |
Total Pages | : 314 |
Release | : 1974 |
Genre | : Interest |
ISBN | : |
Download Expectations, Uncertainty and the Term Structure of Interest Rates [By] J. C. Dodds [And] J. L. Ford Book in PDF, ePub and Kindle
Author | : Carlo A. Favero |
Publisher | : |
Total Pages | : 28 |
Release | : 2001 |
Genre | : Interest rates |
ISBN | : |
Download Uncertainty on Monetary Policy and the Expectations Model of the Term Structure of Interest Rates Book in PDF, ePub and Kindle
Author | : Burton Gordon Malkiel |
Publisher | : Princeton University Press |
Total Pages | : 294 |
Release | : 2015-12-08 |
Genre | : Business & Economics |
ISBN | : 1400879787 |
Download Term Structure of Interest Rates Book in PDF, ePub and Kindle
Can expectations alone explain the yield differentials among bonds of different maturities? To what extend do attitudes toward risk and transactions costs influence the behavior of bond investors? Is it possible for the Federal Reserve to "twist" the interest-rate structure in accordance with its policy objectives? These are among the questions treated. Originally published in 1966. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author | : Gary Stephen Shea |
Publisher | : |
Total Pages | : 286 |
Release | : 1982 |
Genre | : Debt |
ISBN | : |
Download The Japanese Term Structure of Interest Rates Book in PDF, ePub and Kindle
Author | : |
Publisher | : |
Total Pages | : 28 |
Release | : 1987 |
Genre | : |
ISBN | : |
Download New Hope for the Expectations Hypoithesis of the Term Structure of Interest Rates Book in PDF, ePub and Kindle
Author | : David Meiselman |
Publisher | : |
Total Pages | : 96 |
Release | : 1962 |
Genre | : Business & Economics |
ISBN | : |
Download The Term Structure of Interest Rates Book in PDF, ePub and Kindle
Author | : Michiel De Pooter |
Publisher | : |
Total Pages | : 52 |
Release | : 2010 |
Genre | : |
ISBN | : |
Download Predicting the Term Structure of Interest Rates Book in PDF, ePub and Kindle
We assess the relevance of parameter uncertainty, model uncertainty, and macroeconomic information for forecasting the term structure of interest rates. We study parameter uncertainty by comparing Bayesian inference with frequentist estimation techniques, and model uncertainty by combining forecasts from individual models. We incorporate macroeconomic information in yield curve models by extracting common factors from a large panel of macro series. Our results show that accounting for parameter uncertainty does not improve the forecast performance of individual models. The predictive accuracy of single models varies over time considerably and we demonstrate that mitigating model uncertainty by combining forecasts leads to substantial gains in predictability. Combining forecasts using a weighting method that is based on relative historical performance results in highly accurate forecasts. The gains in terms of forecast performance are substantial, especially for longer maturities, and are consistent over time. In addition, we find that adding macroeconomic factors generally is beneficial for improving out-of-sample forecasts.