A Production-Based Model for the Term Structure
收藏NBER2013-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18774
下载链接
链接失效反馈官方服务：
资源简介：
This paper considers the term structure of interest rates implied by a production-based asset pricing model where the fundamental drivers are investment in equipment and structures, and inflation. The model matches the average yield curve up to five year maturity almost perfectly. Longer term yields
提供机构：
美国国家经济研究局
创建时间：
2013-02-01
