Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...
Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just ...
The study of interest rate models and term structure analysis is central to understanding financial markets, underpinning the valuation of fixed income securities, derivatives, and risk management ...
While most economists believe that central banks set interest rates, in reality, they are set by time preferences of ...
Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...