Kagraoka, Yusho; Moussa, Zakaria - In: Journal of International Financial Markets, … 25 (2013) C, pp. 181-201
A key issue in current research about quantitative easing monetary policy (QEMP) is the ability of this strategy to impact the term structure of interest rates. Using a dynamic model for the yield curve with time-varying-parameters to the Japanese data, we provide three insights. First, the...
