Zobrazeno 1 - 4
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pro vyhledávání: '"Ferman, Marcelo"'
Publikováno v:
In Review of Economic Dynamics October 2013 16(4):581-600
This paper develops a DSGE model where banks use short-term deposits to provide firms with long-term credit. The demand for long-term credit arises because firms borrow in order to finance their capital stock which they only adjust at infrequent inte
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https://explore.openaire.eu/search/publication?articleId=od______1687::ddc17c0a3cac7d3c6e22c29f92c9e7f1
https://hdl.handle.net/10419/153922
https://hdl.handle.net/10419/153922
Autor:
Ferman, Marcelo
In this paper I propose a regime-switching approach to explain why the U.S. nominal yield curve on average has been steeper since the mid-1980s than during the Great Inflation of the 1970s. I show that, once the possibility of regime switches in the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______206::e8879b0c9e1495f9a501603639ed4315
http://eprints.lse.ac.uk/119070/
http://eprints.lse.ac.uk/119070/
Autor:
Bernz, Bruno Müller
Publikováno v:
Repositório Institucional do FGV (FGV Repositório Digital)
Fundação Getulio Vargas (FGV)
instacron:FGV
Fundação Getulio Vargas (FGV)
instacron:FGV
The traditional representation of the term structure of interest rates in three latent factors (level, slope and curvature) had its original formulation developed by Charles R. Nelson and Andrew F. Siegel in 1987. Since then, several applications hav
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::82999e2454875319e669c40a1f47c33b