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Price cointegration between sovereign CDS and currency option markets in the financial crises of 2007-2013

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Term premium spillovers from the US to international markets

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Term Premium Spillovers from the US to International Markets

Li, Ka-Fai - 2017

This paper investigates how a rise in US long-term interest rates would have an effect on other international markets. We document that a significant portion of long-term interest rates is due to term premium, which can be interpreted as compensation for inflation risk. Based on an assumed...

Persistent link: https://www.econbiz.de/10012960022