A Macroeconomic Approach to the Term Premium /
In recent years, term premia have been very low and sometimes even negative. Now, with the United States economy growing above potential, inflationary pressures are on the rise. Term premia are very sensitive to the expected future path of growth, inflation, and monetary policy, and an inflation sur...
| Autor principal: | |
|---|---|
| Outros Autores: | |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2018.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 2018/140 |
| Acesso em linha: | Full text available on IMF |