Bond Supply and Excess Bond Returns
收藏NBER2008-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13806
下载链接
链接失效反馈官方服务：
资源简介：
We examine empirically how the maturity structure of government debt affects bond yields and excess returns. Our analysis is based on a theoretical model of preferred habitat in which clienteles with strong preferences for specific maturities trade with arbitrageurs. Consistent with the model, we
提供机构：
美国国家经济研究局
创建时间：
2008-02-01
