Testing the Performance of Cubic Splines and Nelson-Siegel Model for Estimating the Zero-coupon Yield Curve
Understanding the relationship between interest rates and term to maturity of securities is a prerequisite for developing financial theory and evaluating whether it holds up in the real world; therefore, such an understanding lies at the heart of monetary and financial economics. Accurately fitting...
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| Format: | Article |
| Language: | English |
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Sciendo
2016-06-01
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| Series: | Naše Gospodarstvo |
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| Online Access: | https://doi.org/10.1515/ngoe-2016-0011 |