Uluceviz, Erhan; Yılmaz, Kamil - 2018
We analyze connectedness between the real and financial sectors of the U.S. economy. Using the weekly ADS index of the …. The ADS index is derived from a model containing a measure of term structure along with real variables, therefore, it … time is quite similar to that of the ADS index. When we include RAI to represent the real side of the economy in the …