Thornton, Daniel L. (contributor) - 2003 - [Elektronische Ressource], rev
model.
The results indicated that, for most combinations of long-term and short-term rates,
estimates of β and λ obtained … consistent with the data.” They conclude, however, that their model “cannot fully
account for U.S. term structure anomalies.”
7 … (1999) worked out the implications
of a one-factor model of the term structure developed by Cox et al. (1985) and Chen and …