Diebold, Francis X. (contributor); … - 2003 - [Elektronische Ressource]
economic activity in
the determination of yields, and the models employed by financial economists, which eschew any explicit … from trends) in
and is 0.55, and the correlation between Hodrick-Prescott “trends” in and is -0.07.
-8-
Figures 2, 3 …, the level of real economic activity relative to potential, the monetary policy instrument, and
the inflation rate, which …