The Relationship Among Yield Curve and Real Economic Activity
Author | : Evelyn Munoz-Salas |
Publisher | : |
Total Pages | : 0 |
Release | : 1998 |
ISBN-10 | : OCLC:1375336327 |
ISBN-13 | : |
Rating | : 4/5 (27 Downloads) |
Download or read book The Relationship Among Yield Curve and Real Economic Activity written by Evelyn Munoz-Salas and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys whether there exists for Costa Rica any relationship between the expected growth of real economic activity and the slope of the yield curve or spread. Using monthly data from January 1989 to January 1996, the analysis indicates the existence of a clear relationship among the variables probably as a result of financial system reforms that permitted a major participation of market forces in yields determination.