The Determinants of Real Long‑Term Interest Rates: 17 Country Pooled-Time-Series Evidence
收藏数据链接:
官方服务:
资源简介:
In this paper a model is presented and estimated that explains real long-term interest rates in terms of developments in low-frequency and high-frequency economic factors in a multi-country framework, using a data set covering 17 OECD countries since the early-1980s. A simultaneous estimation procedure is adopted (using instrumental variables),...



