The Yield Curve and Financial Risk Premia

The Yield Curve and Financial Risk Premia
Author :
Publisher : Springer Science & Business Media
Total Pages : 320
Release :
ISBN-10 : 9783642215759
ISBN-13 : 3642215750
Rating : 4/5 (750 Downloads)

Book Synopsis The Yield Curve and Financial Risk Premia by : Felix Geiger

Download or read book The Yield Curve and Financial Risk Premia written by Felix Geiger and published by Springer Science & Business Media. This book was released on 2011-08-17 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The determinants of yield curve dynamics have been thoroughly discussed in finance models. However, little can be said about the macroeconomic factors behind the movements of short- and long-term interest rates as well as the risk compensation demanded by financial investors. By taking on a macro-finance perspective, the book’s approach explicitly acknowledges the close feedback between monetary policy, the macroeconomy and financial conditions. Both theoretical and empirical models are applied in order to get a profound understanding of the interlinkages between economic activity, the conduct of monetary policy and the underlying macroeconomic factors of bond price movements. Moreover, the book identifies a broad risk-taking channel of monetary transmission which allows a reassessment of the role of financial constraints; it enables policy makers to develop new guidelines for monetary policy and for financial supervision of how to cope with evolving financial imbalances.


The Yield Curve and Financial Risk Premia Related Books

The Yield Curve and Financial Risk Premia
Language: en
Pages: 320
Authors: Felix Geiger
Categories: Business & Economics
Type: BOOK - Published: 2011-08-17 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

The determinants of yield curve dynamics have been thoroughly discussed in finance models. However, little can be said about the macroeconomic factors behind th
Specullation, Risk Premia and Expectations in the Yield Curve
Language: en
Pages: 58
Authors: Francisco Barillas
Categories:
Type: BOOK - Published: 2013 - Publisher:

DOWNLOAD EBOOK

Speculation, Risk Premia and Expectations in the Yield Curve
Language: en
Pages: 58
Authors: Francisco Barillas
Categories: Bond market
Type: BOOK - Published: 2013 - Publisher:

DOWNLOAD EBOOK

An affine asset pricing model in which agents have rational but heterogeneous expectations about future asset prices is developed. We estimate the model using d
Estimating and Interpreting the Yield Curve
Language: en
Pages: 248
Authors: Nicola Anderson
Categories: Business & Economics
Type: BOOK - Published: 1996-06-04 - Publisher:

DOWNLOAD EBOOK

A yield curve is a graph indicating the term structure of interest rates by plotting the yields of all bonds of the same quality. This book provides a thorough
Yield Curve Factors, Term Structure Volatility, and Bond Risk Premia
Language: en
Pages:
Authors: Nikolaus Hautsch
Categories:
Type: BOOK - Published: 2008 - Publisher:

DOWNLOAD EBOOK