Camarero, Mariam; Ordonez, Javier; Tamarit, Cecilio - In: Southern Economic Journal 75 (2009) 4, pp. 1212-1219
This article analyzes the long-run relationships linking long- and short-run interest rates for the Euro-wide aggregated variables. To this end, we extend the set of variables traditionally involved in the Campbell and Shiller (1987) framework for the term structure to add external macro...