Macro Factors in Bond Risk Premia
收藏NBER2005-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11703
下载链接
链接失效反馈官方服务：
资源简介：
Empirical evidence suggests that excess bond returns are forecastable by financial indicators such as forward spreads and yield spreads, a violation of the expectations hypothesis based on constant risk premia. But existing evidence does not tie the forecastable variation in excess bond returns to
提供机构：
美国国家经济研究局
创建时间：
2005-10-01
