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Modeling the Term Structure of Interest Rates Across Countries

Maes, Stan

Modeling the Term Structure of Interest Rates Across Countries

An understanding of the stochastic behaviour of yields is important for the conduct of monetary policy, the financing of public debt, the expectations of real economic activity and inflation, the risk management of a portfolio of securities, and the valuation of interest rate derivatives. It is, therefore, not surprising that the study of yield curve dynamics is occupying such a prominent and unique place in theoretical and empirical macroeconomics and finance.

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ISBN 9783838301181
Sprache eng
Cover Kartonierter Einband (Kt)
Verlag LAP Lambert Academic Publishing
Jahr 20090515

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