کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1003178 | 937553 | 2011 | 11 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Global trends in real risk free rates
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
موضوعات مرتبط
علوم انسانی و اجتماعی
مدیریت، کسب و کار و حسابداری
کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Global trends in real risk free rates Global trends in real risk free rates](/preview/png/1003178.png)
چکیده انگلیسی
We examine real returns to government debt of the G7 countries, for both short and long maturities. Our focus is on returns to fixed income investing rather than contemporaneous yields. We find evidence that investments in the same maturity across countries may be modeled as a cointegrated process, in a vector error correction framework, with common trends separated into their permanent and transitory components for the system. Our findings are based on analysis of both short-term maturities and long-term maturities. However, the structure varies excessively across maturities and time frames, with recent data showing less integration.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Research in International Business and Finance - Volume 25, Issue 1, January 2011, Pages 53–63
Journal: Research in International Business and Finance - Volume 25, Issue 1, January 2011, Pages 53–63
نویسندگان
Hui He, Peter Locke,