Economic events and the volatility of government bill rates.

Many studies show that in many countries (especially the G7), volatility in government bill rates far exceeds that in consumption growth rates. This volatility puzzle cannot be predicted by traditional disaster models, in which rare economic disasters are defined as a peak-to-trough percent fall in...

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Bibliographic Details
Main Authors: Chao Xiao, Yu Lou, Jie Liu, Yuan Zhao, Yikang Tian
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2022-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0276345