International Bond Risk Premia
Author | : Magnus Dahlquist |
Publisher | : |
Total Pages | : |
Release | : 2015 |
ISBN-10 | : OCLC:1306515097 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book International Bond Risk Premia written by Magnus Dahlquist and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The endeavor to understand bond returns and the term structure of interest rates has generated an extensive literature, ranging from papers on return predictability and affine term structure models to theoretical contributions in the form of equilibrium models. While most of the empirical literature focuses on US data, a large body of work applies an international perspective. This chapter reviews the relevant literature while also providing empirical evidence on international bond risk premia and the link to the macroeconomy.