Predicting European Union Recessions in the Euro Era: The Yield Curve as a Forecasting Tool of Economic Activity

Author:

Chionis Dionisios,Gogas Periklis,Pragidis Ioannis

Publisher

Springer Science and Business Media LLC

Subject

General Economics, Econometrics and Finance,Economics and Econometrics

Reference12 articles.

1. Ang, A., Piazzesi, M., & Wei, M. (2006). What does the yield curve tell us about GDP? Journal of Econometrics, 131, 1–2. March–April, 359–403.

2. Baxter, M., & King, R. G. (1995). Measuring business cycles. approximate band-pass filters for economic time series. NBER Working Paper Series, No. 5022, February.

3. Bonser-Neal, C., & Morley, T. R. (1997). Does the yield spread predict real economic activity? A multicountry analysis. Economic Review, Federal Reserve Bank of Kansas City, Third Quarter, 37–53.

4. Chauvet, M., & Potter S. (2001). Forecasting recessions using the yield curve. Staff Reports, Federal Reserve Bank of New York, 134, August.

5. Estrella, A., & Mishkin, F. S. (1997). The predictive power of the term structure of interest rates in Europe and the United States: implications for the European Central Bank. European Economic Review, 41(7), 1375–1401.

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