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Interest Costs and the Optimal Maturity Structure Of Government Debt

✍ Scribed by Yves Nosbusch


Book ID
111056022
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
263 KB
Volume
118
Category
Article
ISSN
0013-0133

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## Abstract This paper models bond term premia empirically in terms of the maturity composition of the federal debt and other observable economic variables in a time‐varying framework with potential regime shifts. We present regression and out‐of sample forecasting results demonstrating that inform