This paper applies the Capital Asset Pricing Model to help explain the anomalous behavior of real interest rates during the last several years. Specifically,we are able to show that the increased vola
The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Mount Pleasant, Arkansas. It's important to understand that mortgage rates can vary gr
Replication package for "The Secular Decline in Interest Rates and the Rise of Shadow Banks" by Andres Sarto and Olivier Wang, Journal of Financial Economics.