Nominal Interest Rates and Stationarity
Data(s) |
24/04/2012
24/04/2012
2010
|
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Resumo |
This paper investigates the (break) stationarity null hypothesis using data for 25 interest rates with different maturities and risk characteristics in Canada and the US. In contrast to a large part of the literature, this paper reports strong empirical evidence in favour of the null hypothesis of stationarity for the interest rate series. |
Identificador | |
Publicador |
University of Glasgow |
Relação |
SIRE DISCUSSION PAPER;SIRE-DP-2010-43 |
Tipo |
Working Paper |