Analysing the property-gilts yield differential

Forecast rather than actual values of variables are used in an analysis of the property-gilts yield gap to mimic more closely the investor's decision-making environment. The estimated equations combine parsimony with a high level of explanatory power. The yield gap is found to vary simultaneously in all regions. This is attributed to the dominance of an aspatial influence: inflation.

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Year of publication:	1995
Authors:	Gardiner, Chris ; Henneberry, John
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 2.1995, 1, p. 12-15
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005435538