Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7349243 | Economics Letters | 2018 | 12 Pages |
Abstract
This paper shows the US fiscal spending news shocks -Â identified using the Survey of Professional Forecasters -Â drive the Canadian long-term nominal interest rates. The news shocks explain about 10% of the Canadian long-term interest rate at business cycle frequencies.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kian Ong,