This study examines the long-term persistence in ex ante real interest rates. According to the long-run Fisher effect, ex ante real ratesÐthe difference between nominal rates and expected in¯ationÐshould be mean-reverting and have no unit root. Empirical evidence on mean reversion has been mixed and
A Bayesian Long-term Survival Model Parametrized in the Cured Fraction
✍ Scribed by Mário de Castro; Vicente G. Cancho; Josemar Rodrigues
- Publisher
- John Wiley and Sons
- Year
- 2009
- Tongue
- English
- Weight
- 227 KB
- Volume
- 51
- Category
- Article
- ISSN
- 0323-3847
No coin nor oath required. For personal study only.
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