Structural Breaks in the Term Spread-GDP Growth Relationship
Following up on the examination of what the time period unfold predicts, right here’s the slope coefficients for the time period unfold, in regressions augmented with quick charge, from 1946-2023Q3 (GDP development 1947-2024Q3). Determine 1: Regression coefficient of GDP development lead 4 quarters on 10yr-3mo unfold for subsamples. + (***) signifies significance at 11% (1%) … Read more