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Relationships between the Federal funds rate, unemployment, inflation, and the long-term government-bond rate are investigated with cointegration techniques. We find a stable long-term relationship between the Federal funds rate, unemployment, and the bond rate. This relationship is...
Persistent link: https://www.econbiz.de/10005750013
Relationships between the Federal funds rate, unemployment, inflation and the long-term bond rate are investigated with cointegration techniques. We find a stable long-term relationship between the Federal funds rate, unemployment and the bond rate. This relationship is interpretable as a policy...
Persistent link: https://www.econbiz.de/10005186827
Persistent link: https://www.econbiz.de/10008167139
Persistent link: https://www.econbiz.de/10008167140
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