The Corporate Spread Curve and Industrial Production in the United States /

The term structure of domestic investment grade bond spreads - or corporate spread curve - contains useful information to predict future changes in industrial production, beyond the information already contained in interest rates, commercial paper-treasury bill spreads, and lagged values of industri...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Chan-Lau, Jorge
Άλλοι συγγραφείς: Ivaschenko, Iryna
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2002.
Σειρά:IMF Working Papers; Working Paper ; No. 2002/008
Διαθέσιμο Online:Full text available on IMF
LEADER 01742cas a2200253 a 4500
001 AALejournalIMF008053
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451842524 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Chan-Lau, Jorge. 
245 1 4 |a The Corporate Spread Curve and Industrial Production in the United States /  |c Jorge Chan-Lau, Iryna Ivaschenko. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2002. 
300 |a 1 online resource (44 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The term structure of domestic investment grade bond spreads - or corporate spread curve - contains useful information to predict future changes in industrial production, beyond the information already contained in interest rates, commercial paper-treasury bill spreads, and lagged values of industrial production. In fact, the corporate spread curve can explain the cumulative growth rate of industrial production over 3- to 48-month horizons, and the marginal growth rate over 6- to 18-month horizons. Unlike other financial variables, the corporate spread curve has been a stable predictor of real activity for the last fifteen years. 
538 |a Mode of access: Internet 
700 1 |a Ivaschenko, Iryna. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2002/008 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2002/008/001.2002.issue-008-en.xml  |z IMF e-Library