Yield Spread as a Leading Indicator of Real Economic Activity : An Empirical Exercise on the Indian Economy /
There is growing evidence that the yield spread could serve as a leading indicator of real economic activity. This paper is an attempt to test this hypothesis for the Indian economy by relating movements in the yield spread in the government securities market to movements in the index of industrial...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2002/091 |
| Online-ссылка: | Full text available on IMF |