Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 4 of 4 for “"term spread"”.
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Forecasting future economic growth : the term structure of interest rates, volatility and inflation as leading indicators
… the empirical regularity that slope of the term structure of interest rates is a reliable predictor of future real economic activity. Steeper slopes presage increasing growth, and downward sloping term structures presage declining growth or even recession. Some instances of slope's …
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Empirical Analysis of Time-Varying Cross-Border Correlation and Spillover Risk.
… and in commercial banking activities. In the aftermath of the recent financial crisis dynamic risk related topics have gained a renewed interest. This thesis aims to bridge gaps in the currently available research. "Dynamic Stock Market Covariances in the Eurozone" is a joint work with Professor …
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Market timing and cost of capital of the firm
… firm managers try to time debt markets based on term spreads or excess bond returns when choosing the maturity of new debt issues. Whether debt market timing increases firm value via a reduced cost of capital is an empirical question. I examine differences in firm value across non-timers and …
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Bond yield modelling and its application in the European Union
… Chapter 2 investigates a model utilising the term structure of interest rates to predict output growth and recession in the UK. In contrast to previous literature, information retrieved from the whole yield curve is used rather than just the yield spread. Using di�erent methods, our models are …