The term structure of interest rates and economic activity in South Africa
Many research papers have documented the positive relationship between the slope of the yield curve and future real economic activity in different countries and different time periods. One explanation of this link is based on monetary policy. The forecasting ability of the term spread on economic gr...
Main Author: | |
---|---|
Format: | Others |
Language: | English |
Published: |
Rhodes University
2007
|
Subjects: | |
Online Access: | http://hdl.handle.net/10962/d1002729 |