Strengthening the Case for the Yield Curve as a Predictor of United States Recessions
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资源简介：
This research considers why the yield curve slope ought to contain information about the future prospects of the economy. Two econometric models are examined that test the predictive power of the yield-curve slope relative to other recession predictors such as stock prices and the Commerce Department's index of leading indicators.
创建时间：
1998-01-01
