Share 'THE PREDICTIVE POWER OF THE YIELD CURVE ACROSS COUNTRIES AND TIME'
Menzie D. Chinn, Kavan J. Kucko
Working Paper 16398http://www.nber.org/papers/w16398NATIONAL BUREAU OF ECONOMIC RESEARCH
In recent years, there has been renewed interest in the yield curve (or alternatively, the term premium) as a predictor of future economic activity. In this paper, we re-examine the evidence for this predictor, both for the United States, as well as European countri…
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