Resources

Text Search:
Applied Filters
    Potential Scenario
    185

    views

    69

    downloads

    0

    comments

    2005-DieboldEtAl-Modeling Bond Yields In Finance And Macroeconomics
    From a macroeconomic perspective, the short-term interest rate is a policy instrument under the direct control of the central bank. From a finance perspective, long rates are risk-adjusted averages of expected future short rates.