期刊論文
| 學年 | 94 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2006-03-01 |
| 作品名稱 | The Smooth-Saving-Retention-Coefficient with Country-Size |
| 作品名稱（其他語言） | |
| 著者 | Ho, Tsungwu; 黃河泉; Huang, Ho-chuan(River) |
| 單位 | 淡江大學財務金融學系 |
| 出版者 | Routledge |
| 著錄名稱、卷期、頁數 | Applied Economics Letters 13(4), pp.247-250 |
| 摘要 | It has been empirically shown in the USA that a positive slope of the yield curve is associated with a future increase in real economic activity. However, the present study's empirical examination reveals that the term structure in Japan has almost no predictive power for real economic changes, whereas it does in Canada and the USA. Further, the additional investigation, which exploits spectral analysis, clarifies that the yield-curve's slope and real economic growth in the USA and Canada have similar cyclical components. However, the term structure in Japan exhibits few business cycle components, and this may account for the lack of predictive power. |
| 關鍵字 | |
| 語言 | en |
| ISSN | 1350-4851 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | |
| 國別 | ENG |
| 公開徵稿 | |
| 出版型式 | |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/72579 ) |