A Keynesian analysis of Canadian government securities yields
Keynes argued that the short-term interest rate is the main driver of the long-term interest rate on government bonds. This paper empirically models the relationship between the short-term interest rate and long-term government securities yields in Canada, after controlling for other important fina...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2020-10-01
|
| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/17121 |